Gina Rinehart's decision to lower her stake in Fairfax is all about getting on the board. The manoeuvring for influence – which if achieved will likely not bring more readers to the company – is an untimely distraction.
Fairfax Media will move The Sydney Morning Herald and The Age to a tabloid and sack 1900 staff — including 380 journalists — as part of a massive cost-cutting drive to save the media giant from corporate oblivion.
Despite a general understanding of the labour shortage in the mining sector, politicians have managed to stuff up the Enterprise Mining Agreement while union leaders once again show a total lack of leadership.
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