THE DISTILLERY: Murdoch minimises

Jotters speculate on the crumbling Murdoch newspaper empire, while others outline why superannuation assets could help fill Australia's banking profit void.

When Rupert Murdoch stepped down from the boards of a handful of British newspapers over the weekend, the global media went into a frenzy: What was his motivation? Would News Corp exit the UK entirely? Will there be asset sales? This morning, one jotter takes a step back to argue this is a sign the mogul is losing control over his entire empire — and his once-iron grip is only going to get weaker from here. There's also contention about where Australia's superannuation riches will flow, and fears our emissions trading scheme will die in Europe.



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles