● Watson Foundation rams Norwegian krill trawler in Antarctic waters   ♦ Murdoch empire holds 70% of print circulation   ♦ Australia gave away $300B in gas — Norway built a sovereign wealth fund   ♦ Kerry Stokes: mining magnate, media owner, political donor   ♦ Negative gearing costs taxpayers $6B per year   ♦ How they killed the mining tax   ♦ The revolving door between politics and media

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Media Ownership

The wealth Media Ownership moves offshore.

Gas revenue foregone · since 2022/07/01
A$68,017,708,800
▲ ~A$537/sec · Punter's Politics / Rort tracking, since 1 Jul 2022
Hover the offshore nodes · click to open a dossier
THE RORT · LIVING MODEL OF POWER · CASE FILECASE OPEN — TRACKING
CASE FILE · MEDIAARTICLES · 6

Media Ownership

STATUS · Ongoing · unresolved

Three billionaires and a US conglomerate control almost everything Australians read, watch and hear. The people who wrote the media laws went to work for the media companies.

01 / The evidence chain

01Who owns the news you think you’re reading02The mining company that owns your news03The property platform that owned your property reporter04Sky News and the regional capture05The revolving door between politics and media06501,876 signatures and nothing happened

02 / Who's named

News CorpCOMPANY · MEDIA · 5NineCOMPANY · MEDIA · 5Seven West MediaCOMPANY · MEDIA · 4The Revolving DoorMECHANISM · 3Kerry StokesPERSON · MAGNATE · 3Negative GearingMECHANISM · TAX · 2Anthony AlbanesePERSON · POLITICIAN · 1

03 / The money

A$13.27Min costs ordered against ACE alone. Stokes used his private company to bankroll a defamation case against a commercial rival, with his lawyers given direct oversight of the litigation.SOURCE · Federal Court of AustraliaThe mining company that owns your newsA$21.8Bin revenue forgone annually through negative gearing and the capital gains tax discount. The richest 1 per cent of Australians receive 59 per cent of that benefit.SOURCE · Parliamentary Budget OfficeThe property platform that owned your property reporter98%Percentage of Australians reachable via Seven Network + Sky News (33% stake)SOURCE · Kerry Stokes' Media ReachWho owns the news you think you’re reading

Nobody wrote this page. It assembled itself from the 6 investigations that make up Media Ownership, and it deepens automatically each time The Rort publishes another in the series. The named actors, the sourced figures and the evidence chain stay in lockstep with the archive.

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