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Aug 20, 2014

Exclusive docs show News’ Australian papers dragging down the empire

Leaked documents show a forest of brackets in News Corp’s Australian newspapers, with The Australian particularly in the red. How long can the house that Rupert built sustain such body blows?

Paddy Manning

Crikey business editor

Internal operating accounts for the Australian arm of Rupert Murdoch's News Corporation show alarming revenue and profit falls across the metropolitan newspapers in fiscal 2013, and widening losses at flagship broadsheet The Australian.

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