Tag: Crying Poor

Record profits, but gas companies warn we could be crying poor

gas companies

Michaella Cash is fighting for the gas not to be capped unless greater production is allowed. No mention of the record profits being made though. Capping profits or taxing them appropriately won’t scare the miners off. Her argument avoids suggesting that the gas companies might just be “crying poor”. They fell into line in West Australia, didn’t they?

As the federal government weighs its options for regulating the gas market to bring down soaring power prices, exporters of Australian gas, riding high on record profits, have fired a warning shot.

Source: Record profits, but gas companies warn we could be crying poor

News Corp’s Handmaid’s fail is SBS’s gain as boss hits back at ‘bunch of sooks’ | The Weekly Beast | Media | The Guardian

“It’s rank hypocrisy really,” the SBS managing director, Michael Ebeid, said of the attack in the Australian. “News Corp, who is running the agenda against us, has received $30m for women’s sport on Foxtel and millions of dollars through Screen Australia to produce drama for Foxtel and Screen Australia money for a crime vodcast on the Australian. But all this content is locked up to 30% of homes who have Foxtel and 70% of Australians can’t watch it. For them to be crying foul when they’re taking money from the public purse is just crazy.”Despite many requests neither Foxtel nor the government has explained what the $30m is for.Ebeid said: “Surely anyone can see that our budget is 10% of Seven and Nine. We spend $130m on TV, Seven spends $1.4bn and Nine $1.3bn. So at 10% how does the little guy outbid them? I think they just enjoy throwing hand grenades over the fence and running. We’re giving audiences content they’re not getting elsewhere and they’re doing the same thing they’ve been doing for 10 years.”AdvertisementIn the same week Handmaid’s Tale dominated the catch-up rankings as viewers binge-watched the show, Seven’s top show was the universally panned reality show Yummy Mummies.

Source: News Corp’s Handmaid’s fail is SBS’s gain as boss hits back at ‘bunch of sooks’ | The Weekly Beast | Media | The Guardian