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Crikey

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Crikey is an Australian independent online news service established by Stephen Mayne, a journalist and former staffer of Victorian premier, Jeff Kennett.

File:Stephenmayne.jpg
Stephen Mayne

Well known in Australian political and media circles, crikey.com.au has been more influential than its relatively low online newsletter subscriber base (around 5,000 paying, and 20,000 receiving a free, limited version) suggests. It sometimes reports unpopular opinions and breaks stories not found in more mainstream media outlets. It is this type of reporting that led to Crikey being banned from the 2005 Budget "lock up", in which financial journalists are shown the Federal Budget papers some hours in advance to allow their publications to report the Budget in depth as soon as it is released. Staff of Federal Treasurer Peter Costello gave the excuse that Crikey is not considered to be part of the "mainstream media".

Critics of Crikey have argued that it often publishes material with little or no substantial evidence to back it up. Mayne was successfully sued for defamation over comments made about radio presenter Steve Price and former ALP senator Nick Bolkus. The publication has since adapted stronger correction and right-of-reply policies, of which the most recent (as of 2005) is an undertaking to put the rectifications of major errors in a position of equal prominence to the original reports.

On February 1, 2005, it was announced that Stephen Mayne had sold Crikey to Private Media Partners, another independent media operator in Australia most widely known for their former publication The Eye. The sale, when complete, will be for $A1 million (approximately $US700,000). Mayne will continue to write for Crikey.

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