Tag: Accounts

Price of election promises revealed – Michael West

Victoria’s major parties are set to release the costings for their election promises two days out from polling day.

So far Labor has made $12 billion worth of commitments while the Liberal and Nationals have pledged $28b, according to the Parliamentary Budget Office.

The Victorian Greens announced $37b worth of promises over the campaign.

Source: Price of election promises revealed – Michael West

Foxtel, Australian newspapers financial millstones in News Corp accounts

News Corp logo at its headquarters in Sydney

News media — dominated by the Australian newspapers and including the UK papers — revenues fell US$280 million, or 37% compared to the previous year. In this morning’s briefing call, not a question or comment on the US election results and how they may impact News from the analysts or the News Corp executives, CEO Robert Thomson and CFO Susan Panuccio.

Foxtel, Australian newspapers financial millstones in News Corp accounts