Storied News Limited literary insert The Australian Literary Review will publish its last edition next month, Crikey can reveal. ALR editor Luke Slattery confirmed this morning that the monthly supplement, published as part of The Australian, will close its doors in October following a July decision by the Group of Eight universities to withdraw $350,000 in annual support -- the vast majority of the ALR's funding. Crikey understands an ad-hoc rescue deal with several sandstone institutions was pursued to bridge the gap, but was ultimately unworkable. And News Limited, said to have contributed an additional $350,000 in costs off its own bat, was unwilling to bridge the gap given the dire advertising climate. Senior Australian editorial staff then made the ultimate call to end production.

The penultimate September edition of The Australian Literary Review