Fourth Estate

Blunt Tools: Rate Rises and Media Tropes

Fourth Estate

Show Notes

Are we asking enough questions about the way Australia manages inflation, and the way the media reports on it?

Every Reserve Bank decision is treated like a national event. Interest rates rise, borrowers brace, and economists debate whether inflation expectations remain “anchored”. But has economic journalism become too narrowly framed around the logic of the Reserve Bank? And are governments escaping scrutiny as economic management is increasingly outsourced to unelected technocrats?

Host Tina Quinn is joined by Stephen Long, Emilia Terzon and Hugh Riminton to discuss fiscal policy, media narratives around inflation, and who really bears the cost of fighting it.

The panel also examines the proposed Seven West Media–Southern Cross Austereo merger, tensions surrounding Kerry Stokes’ influence over the company, looming restructures and job cuts at Nine News, and the fallout from the Kyle and Jackie O controversy at ARN.

Plus, a reflection on the death of Ted Turner — the CNN founder who transformed television news through the advent of the 24-hour news cycle.

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