September, 2009


What’s online news worth? About five bucks

How much are consumers willing to pay for online news? About $4.64 a month, according to a new study — though almost half the respondents said they wouldn’t pay at all.

Obama lays into Wall St

A year since the collapse of Lehman Brothers heralded the beginning of the Global Financial Crisis, US President Barack Obama has delivered a stern rebuke to an audience of bankers in New York. Read the full speech here.

Breakfast Media Wrap: France looks to put happiness into GDP

The pick of Tuesday morning’s media: who’s Warren?; Jockeys take fight to SMS; heads roll at RBA.

Bringing suburbia to the city

Two Sydney-based architects have created a way to build new suburbs without contributing to urban sprawl: build them in the city, and build them vertically. Their ‘Skyburbs’ are skyscrapers housing entire communities.

Who’s lining Google’s pockets?

A whopping 80% of online advertisers do their advertising through Google, with ads accounting for 99% of the search giant’s revenue. So who are the biggest advertisers, and how much are they spending?

Emissions trading — it worked for acid rain

In the US, they are attempting to battle climate change with a controversial ‘cap and trade’ scheme. Could it work? Will it unfairly burden the taxpayer? Well, it did work for acid rain. Listen to the All Things Considered podcast too.

Balance of power: can we predict Senate seats?

At its most basic level, the relationship between the lower house primary vote and Senate votes is extraordinarily linear and very, very strong. PossumComitatus crunches the numbers so you don’t have to.

Politics has failed climate change

Crikey readers weigh in on climate change and

A year beyond Lehman, Allan Kessing’s story, Craven hits back

Facing some ugly truths about modern journalism

10,000 Words looks at 10 unfortunate realities of the modern media industry, like the unfortunate reliance on wire copy, the slipping standards of subediting, and the fact that no-one has the answers to fix it.

Crikey Says: SMH: from profit-plunge to awards

What does it take to be Australia’s newspaper of the year?

It’s (still) hard being a bear: good economic theory

While the financial rescue has worked, the expected recovery afterward can’t happen — because there’s almost no-one left who will willingly take on any more debt, writes Steve Keen.

Media briefs: Perils of the Twitterverse, part 12,000; 2009′s most powerful fashion magazine editors

Perils of the Twitterverse part 12,000, Mia Freedman finds out the hard way what happens when you laugh at a narcoleptic dog. Plus, 2009’s most powerful fashion magazine editors and Pepsi buys the Moonman.

Hazelwood protest included ‘ordinary people’, not just guys in wombat suits

Yesterday’s protest at Hazelwood power station was billed as a day of “community protest and non-violent mass civil disobedience”. Yet despite the small numbers, what was remarkable was the ‘ordinariness’ of the crowd, writes Ian McHugh.

Mungo MacCallum: We deserve better than legacy wars

Here we are, nearly two years out of the Howard years and happily consigning them to well-deserved oblivion. Then Paul Kelly released his book, and they all came lurching out of the political cemetery.

Black Canons: Peter Craven writes back

Meanjin editor Sophie Cunningham took Peter Craven to task for his review of the latest Macquarie PEN Anthology of Australian Literature. Here Peter Craven replies.

A year after Lehman … crisis what crisis?

A day before the 12-month anniversary of the collapse of Lehman Brothers and questions remain. Is the era of growth fetishism really over or is it just taking a break?

Investigative journalism is the right medicine for an ailing media

An expose by NYT journalist Duff Wilson exposing some very unhealthy links between Harvard Medical School and Big Pharma and its subsequent attempts to silence critics demonstrates the critical need for good investigative reporting.

Justice on the cheap could be coming

Small groups suing corporate behemoths could benefit from a recent NSW court ruling, with capped fees and easier access.

Morning Market Report: A low start to the week

After the highs of last week, this week has started off down, with the market down 51 and SFE Futures were down 4 this morning. Wall St also dropped on Friday, after a solid 5 days of gains.

Political economy: in a crystal ball, darkly

The six-month rally from March lows might be thought to have signalled the emergence of the “green shoots” that have been sprouting so plentifully. But Henry Thornton thinks China’s economy could cause problems.

Suncorp remuneration a case of market failure

Despite the claims of many, the recent crisis was not the fault of the free market — that is largely because problems were caused where the market was not free at all.

Risk models were cactus, not junk securities

The real sub-prime failure was the quants’ mathematical models of risk that suggested the arcane stuff was safe.

A lesson in contrasts: how one riot was reported

Skin colour makes a huge difference on the language used, when it comes to how violent street riots are reported in the media. Better to be a London Nazi skinhead than a Sydney Lebanese Muslim.

Glenn Dyer's TV Ratings: Eleven shows hit the million viewer mark

All the winners and losers from last night’s TV ratings.