MEDIA KIT 2017
MIKE CANNON
BROOKES & SCOTT
FARQUAR - FOUNDERS
OF ATLASSIAN
PHOTO: NICK WALKER
2
Making money from
an ageing nation Smart Investor
SECTOR BY SECTOR TABLES ARE BACK
Love will
keep us apart
Christmas bumper
Will Self on the
rigours of
romance
p22
p27
Weekend Fin p30
Weekend Newspaper of the Year
AFRWEEKEND
The Australian Financial Review www.afr.com | 22-23 October 2016
NEWS
Low key media
coverage of Crown
arrests in China
a good sign for
detainees. p5
MATTHEW NG
China detention:
I tried to be as cooperative as possible,
my survival skill for
the next 6 years. p12
Can Tatts tie-up
beat the bookies...
and the ACCC
Companies p16
Verdict on
Nasser’s BHP
Jac ‘the knife’ exits
the big miner
CHANTICLEER
‘If you are doing
anything that involves
China and is viewed as
illegal by China, don’t
go to China.’ Back page
Perspective Matthew Stevens p14
Companies p16
Greg Earl Perspective p45
Machines training themselves
to out-think markets
News p6
Jonathan Shapiro Companies p49
Not so crazy
Sport’s year of the underdog
John Stensholt p17
Sharemarket
strategy to
beat them all
Party reform
next flashpoint
News p4
Andrew Clark A factional lesson p14
Editorial PM must avoid
sideshows p38
Phillip Coorey p39
600 towns and suburbs on
NAB lending blacklist
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Exclusive
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Duncan Hughes
National Australia Bank has compiled
a confidential borrowers’ blacklist of
more than 600 towns and suburbs
where it has capped lending to property buyers because of growing risks in
the housing market.
Buyers in any of the 120 postcodes
across the nation will need a deposit of
as much as 30 per cent to be eligible for
a loan ‘‘to ensure that we are lending
responsibly and sustainably’’, according to internal documents used by the
bank to explain its change in strategy to
mortgage brokers.
Dozens of suburbs will be added to
the bank’s list today together with new
measures intended to tighten scrutiny
of household expenditure used to
assess loan eligibility.
NAB’s list is divided into A category
postcodes, where loan-to-value ratios
are capped at 70 per cent, and B category, where it is 80 per cent.
Property tax debate
Economists have long urged
state governments to dump
stamp duties, which are highly
inefficient, and replace them
with broad-based land taxes.
The ACT is making the switch.
Perspective p15
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Christopher Joye Hybrids are cheap p25
Smart Investor High cost of moving p26
Large swaths of rural Western Australia, Queensland, South Australia,
Northern Territory and Queensland
are worst affected, with buyers needing
a 30 per cent deposit to qualify for a
loan. Those wanting to by an inner-city
apartment in many suburbs in Brisbane, Sydney and Melbourne will need
a 20 per cent deposit.
‘‘NAB takes into account a range of
economic factors, and regularly monitors the performance of local markets to
ensure we continue to lend responsibly
and sustainably,’’ a bank spokesman
said.
‘‘We recognise that no two suburbs
are the same, and there are some geographic areas across Australia which
have been impacted by local economic
conditions. As a responsible lender, we
adopt strategies in these geographic
areas that seek to reduce the risk to our
customers and our business.’’
The bank is still lending to borrowers
in the named suburbs.
Other banks, including Westpac, are
also set to announce a tightening of
their lending criteria this weekend as
the nation’s lenders rethink their mortgage strategies after years of extensive
discounting.
Westpac, and its subsidiaries, will
decrease the maximum loan-to-value
ratio to 95 per cent from 97 per cent
and lower for residential investment
loans, serviced apartments, display
homes, properties that are being converted to residential from other uses.
‘‘These changes by NAB and
King of compromise
■ ‘When we talk about ideology,
we are basically talking about being
fact-free, frankly.’ Malcolm Turnbull
Laura Tingle interview
How to hobnob with the rich
Weekend Fin p29
Patrick Commins p23
‘America
has lost’
Perspective p43
Lunch with Tony Abbott
■ ‘There’s no point in staying
in Parliament
as a Trappist
monk.’
Jennifer
Hewett p38
Bumper year
for DIY
Who’s afraid
of Amazon
Billion dollar
IT horrors
Pretty
much
everyone
Technology
giveth, but it
also taketh away.
Companies p49
Weekend Fin p24
Rear
Window
Must-have
gadgets
Corporate
thrills, spills
and dills
The coolest
accessories for
your digital life
Back page
John Davidson p8
$540,000
What you can put in
by June 30, 2017
World p8, Perspective p13
Literary tour
A book lover’s guide
to the world
Life & Leisure
liftout
$4 INC GST
HOW TO
EXPLOIT
THE NEW
SUPER
RULES
What happens if you
exceed the limit?
Shop ’til
you drop
How JB Hi-Fi ate
The Good Guys
Inside the deal p17
Size matters
Stores shrinking
to greatness
Companies p18
Turnaround
Turnbull
Coalition chalks up
some solid gains
Perspective p15, Phillip Coorey p39
Markets
mayhem
Smart Investor p22
ILLUSTRATION:
ANGELO VLACHOULIS
Making sense
of a wacky week
Reports p15, p17, p27
Zika,
Eureka!
Australian breakthrough,
but US funding means
kudos may go elsewhere
Weekend
Fin p30
Philippines’ Duterte
gets into bed with
China and Russia
Life & Leisure
liftout
GAME
SMSF ON! $1.6m
The coming collapse of America
By Francis Fukuyama
Asia’s Trumpettes
take on dynasties
Can Ricciardo
take Singapore?
AFRWEEKEND
The Australian Financial Review www.afr.com | 17-18 September 2016
WEEKEND NEWSPAPER OF THE YEAR
NEW
WORLD
ORDER
Revved for
F1 victory
Perspective p14, Smart Investor p25
Perspective p31
Airbnb
for grey
nomads
A new market for
idle campervans
Liberals’
bitter
cold war
breaks into
open
conflict
Life&Leisure
liftout
AFRWEEKEND
The Australian Financial Review www.afr.com | 22-27 December 2016 $4 INC GST
Tabcorp
bets big
The inside story of how 18 Crown employees
wound up in a Chinese jail. Perspective p11
Coast prices buoy the market
How to buy your country manor
The runway
revolution changing
fashion
Smart Investor p19
$4 INC GST
PACKER’S
NIGHTMARE
Property price ripples
See-now
Buy-now
Floats of the year
And where to look next
Electric cars rev up
Plug into clean, green luxury
Life & Leisure liftout
Boomers’ guide:
music of 2016
Hottest new bands
with sounds you’ll love
Wealthy to dump billions into super
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Sally Rose
Wealthy Australians who face a ninemonth deadline to pump up their
superannuation balances are expected
to respond by dumping billions worth
of cash and property into their retirement accounts.
The introduction of a new $100,000
annual limit on non-concessional
super contributions, effective July 1
next year, is also likely to drive up leverage in the self-managed superannuation sector.
Overall the latest changes to the gov-
ernment’s super policy, unveiled this
week following a deal with Labor to get
its ambitious 2016 budget package of
super tax reforms through parliament,
were welcomed across the industry as
a fair and sensible compromise.
However experts have flagged that
unintended consequences of the new
rules could be a rush on SMSF property
investment in the last nine months of
this financial year, and an uptick in
SMSF borrowing against property in
the years to come.
KPMG director Ross Stephens predicted wealthy SMSF owners whose
plans to invest in property were
scuttled on budget night would now
jump at the chance to make a purchase
before the new rules kick in.
‘‘After this financial year it will be
much more difficult to get a lumpy
asset, like a property, into an SMSF...
this is the year to do it if you can.’’
People considering this tactic should
be wary of ‘‘buying into a bubble,’’ he
warned.
Mr Stephens also expects that once
the new $100,000 annual cap on nonconcessional super contributions is in
Before the
wrecking ball
Tribute to Sirius,
a brutalist icon
Weekend
Fin p34
Continued next page
Tried, tested and tantalisingly attainable.
Exceptional opportunities on Cayenne demonstrators.
Weekend Fin p27
Search ‘Cayenne demonstrators’.
Rise of the aerotropolis
Cities designed for global workers Life & Leisure
Continued p2
AFRGA1 A001
AFRGA1 A001
AFRGR1 A001
AFR WEEKEND
OVERVIEW
In a digital age where people
have less time than ever AFR
Weekend is the newspaper
that
respects
readers’
intelligence. Compelling and
thought-provoking but never
oversold, our news, analysis
and features keep readers
informed, entertained and in
the loop without resorting to
ideological scaremongering.
Readers consistently tell us
this is a formula they like,
and it’s one that made AFR
Weekend PANPA’s Weekend
Newspaper of the Year in 2016.
that
recognise
weekends
are a time to kick back, too.
Weekend Fin’s long reads and
Lunch with the AFR profiles
and Life & Leisure’s luxury
liftout neatly complement the
intelligent analysis our crack
team of political, business and
economics
correspondents
bring to the week’s big issues.
the most eye-catching paper
among its weekend peers.
This lively, contemporary and
clear design extends into an
unashamedly compact paper
and refreshingly self contained
weekend paper, embellished
on the first weekend of most
months by a glossy magazine,
either Sophisticated Traveller
or Luxury Magazine.
At AFR Weekend we believe
the design is just as important All up, it’s a package we’re
as the stories and we make proud of.
sure it looks great every week.
It starts with page one, where
a bigger, bolder masthead
We complement the agenda- and
magazine
quality
setting news the AFR is photography and graphical
known for with big reads do-ups make it consistently
3
AUDIENCE
PROFILE
READERSHIP
CIRCULATION
127,000
49,915*
Gender
Demographics
TERTIARY EDUCATED
Male 72%
Female 28%
68%
(vs. 36% population avg)
SOCIAL A GRADE
52%
(vs. 21% population avg)
Full-Time Income~
UP TO $70K
7
C-SUITE REACH
^
27%
%
15
14%
%
$70K TO $100K
$100K TO $130K
32%
$130K +
Age
18-24
25-34
35-49
5%
8%
19%
50-64
65 +
Source: emmaTM conducted by Ipsos MediaCT, people 14+ for the 12 months ending October 2016.
~Base: Employed FT; *ABC September 2016; ^Business Elite Australia Survey 2014
31%
34%
4
AFRWEEKEND
Adventure Surfing heads to the Arctic p33
31
Life One man’s shyness unlocks secrets p34
WeekendFin
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www.afr.com | 29-30 October 2016 The Well-Lived Life
CLINTON
‘‘It hurts but I might have to vote for her.’’
Saul Cimbler, Florida
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Edited by Shelley Gare: [email protected]
CLINTON
‘‘Why not make history again?’’
TRUMP
‘‘He’s the closest to say what he means.’’
Julius Fuller, Washington DC
Scott Paoletto, South Carolina
CLINTON
‘‘[Hillary and Bill] make a good team.’’
TRUMP
‘‘Hillary lied ... it’s all over social media.’’
Rick Gray, New Jersey
Hayley Fearin, Kentucky
CLINTON
‘‘Trump you can’t take seriously.’’
Kiara Moore, South Carolina
TRUMP
‘‘He wants to make America great again.’’
John Dascola, North Carolina
TRUMP
‘‘[He is] not a career politician.’’
Scott Aye, Ohio
ON THE ROAD INTO A DIVIDED AMERICA
Insider AFR US correspondent John Kehoe spent three days on a Greyhound coach, travelling through five southern states from Washington DC to Florida, to try to understand how a proud country has come to this.
J
ust like millions of his fellow
Americans,
businessman
Saul Cimbler is deeply disturbed by the rancorous
United States presidential
election campaigns. We’re
talking on an unusually warm
autumn afternoon as we
share an Uber ride through Washington
DC’s notorious traffic.
I’m on my way to catch a Greyhound bus
all the way to Florida, a journey in which I
hope to tap the psyche of America. Cimbler,
who we picked up from the recently
reopened Cuban Embassy, is about to fly
home to Miami where he helps American
investors do business in Cuba. His large
swing state of Florida will be crucial in
deciding who is elected this proud nation’s
45th president.
Cimbler, a strongly built, middle-aged
man with a goatee beard, is a naturalised
American citizen who originally hails from
communist Cuba. He tells me he was thinking of voting for Donald Trump on November 8 but after watching the Republican
nominee in the third debate with Democrat
candidate Hillary Clinton, with Trump
refusing to commit to accepting the poll result and talking of a ‘‘rigged’’ election, Cimbler
is in a pickle. ‘‘He made it sound like he will
bring out the militia if he loses. We don’t
need that. We are already a divided nation.’’
Cimbler claims Hillary Clinton’s family
charity is ‘‘corrupt’’ and he dislikes the former secretary of state’s role in the Iran nuclear deal that eased trade sanctions in return
for the blacklisted Middle East country dismantling its nuclear weapons program.
Like many Americans, what he lusts for is
a change from the old political guard. But
since witnessing Trump’s inflammatory
antics, Cimbler admits Clinton is the betterqualified candidate and he has begrudgingly
shifted towards supporting the former senator and first lady. ‘‘It hurts, but I might have
to vote for her now,’’ he says.
Across the country, Americans are deeply
polarised about this unprecedented, unsavoury and unedifying struggle for the White
House between a demagogic billionaire and
the ultimate political insider.
Many people fear that even when the election is over, neither candidate will be able to
unite the country. Trump is patently divisive
and Clinton, who has a sizeable lead in polls,
100km
WASHINGTON DC
West
Virginia
Virginia
RICHMOND
North
Carolina
RALEIGH
FAYETTEVILLE
South
Carolina
Georgia
SAVANNAH
JACKSONVILLE
ORLANDO
Florida
is distrusted by more than half of voters.
This glimpse I’m getting into Middle
America is far from the glitz of Silicon Valley, the lives of well-paid financiers on Wall
Street and those of political insiders in the
Washington Beltway; many average Americans feel disconnected from those centres
of power and money. Instead, my Greyhound journey will take me through rural
townships, university cities, the Bible belt
and military base areas as we travel through
five southern states from Washington DC to
Florida, states that were once considered
Republican heartlands.
For those who can’t afford a car, to fly or
catch a long-haul train, Greyhound is perhaps the cheapest way to travel across
Rolling poll: The
trusty Greyhound
bus pauses at a gas
station in Savannah,
Georgia. PHOTO:
JOHN KEHOE
America. It goes to more than 3800 destinations and most of the passengers appear to
be relatively poor commuters and lowbudget travellers. What I hear regularly on
this enlightening journey are the terms
‘‘frustrated with the choices’’, ‘‘lesser of two
evils’’ and ‘‘embarrassed’’.
After years of political gridlock in Washington between Democrats and Republicans, Americans are clearly hungry to ditch
what they see as a deficient political establishment altogether.
To this working journalist, it’s equally
evident many hold the mainstream media in
disdain too. Even some Democrats tell me
they feel the press is biased against Trump
and Bernie Sanders, the populist Democrat
whose campaign proved a much greater
challenge to Clinton than most expected.
It seems appropriate that my journey
starts from Washington DC’s grand Union
Station, less than one kilometre from the
very centre of US political power – Capitol
Hill. I join about 20 passengers aboard the
navy blue Greyhound and settle into my
leather seat near the front. It feels comfortable enough, with a bit of leg room, free WiFi and power points. But far from luxurious.
We pull out of the station and into the
sunny afternoon, bound for neighbouring
Virginia. I walk to the back and meet
African-American Julius Fuller seated near
the toilet playing on an old mobile phone
with a cracked screen. He reveals his discon-
AFRGA1 0030
AFR Weekend casts
off the tie, suit and
stockings and slips
into weekend wear.
It’s unmistakably
The Australian
Financial Review;
news-breaking,
agenda setting and
authoritative and
it covers everything
readers need
to know about
politics, business
and finance. But
it also ventures
beyond those topics
to reflect the nonwork interests
and passions of its
readers.
tent with the state of his country. ‘‘It’s not the
same America I grew up in. It’s worse. Getting along with one another was better.’’
The 64-year-old Fuller, who carries a walking cane, is travelling to be with family in
Georgia. He has been unemployed and
homeless in the past but is now retired, living
on modest government social security after
working for 21 years in a fruit juice factory.
His disenchantment is less about his personal circumstances, he tells me, than about
the nation’s internal divisions. ‘‘One thing
that hurts Trump is he’s against half of
America,’’ Fuller says. ‘‘Especially the
immigrants, Latinos and the blacks.’’
Fuller intends to vote for Clinton and
hopes she succeeds Barack Obama. ‘‘We
made history with the first black president;
why not make history again with the first
female president? He did a hell of a good job
and I hope she does the same.’’
Since the divisive Trump’s surge to prominence, Obama’s presidential approval rating has climbed, almost in sync, to a fouryear high of 57 per cent. While Obama is still
disliked by many Republican voters, his relatively high popularity is a weapon Clinton is
utilising to negate the popular mood for
change and to win an extension of Democratic rule to a rare 12 years in office.
The Greyhound GLI3013 takes us south
along the Interstate 95. Known to almost
everyone as the I-95, this multilane highway
runs for more than 3000 kilometres along
America’s east coast from near the Canadian
border to Florida. Passing through 13 states,
it’s the one of the busiest on the grand network of interstate highways that then president Dwight Eisenhower set in motion
during the booming 1950s.
It’s the sort of project that both Clinton
and Trump have campaigned for America
to build more of, to replenish the decaying
infrastructure that critics portray as symbolic of a nation in decline.
The first stage on the coach is about two
hours, to a stop at Richmond, Virginia. General labourer Scott Paoletto is seated at the
indoor terminal there with half an eye on the
latest election dramas being played out on
US television channel CNN. The 54-year-old
with a moustache and long grey hair below
his shoulders reckons politicians are in it for
‘‘nobody but themselves’’.
‘‘I haven’t trusted Hillary since way back
when her husband was president. Trump is
at least the closest one to say what
he means.’’
The born-again Christian, like
many of his shared faith, prefers
the Republican candidate. At
this point, he’s shaping up to be
one of the four in 10 American
voters that the latest opinion
polls predict will vote for
Trump, even though Trump is
widely regarded as the most
controversial candidate in US history. Middle-aged, non-collegeeducated, white men are Trump’s
prime supporters. They’re the ones
who often feel let down by the political
establishment, angry about too many
immigrants, riled about political correctness
and desperate for a businessman to manage
the mediocre economy.
‘‘If you believe the end of the times is coming, then Trump is going to bring us there
quicker,’’ Paoletto says, with a strong hint of
inevitability.
And what does the religious man make of
the mounting sexual misconduct allegations
against Trump? ‘‘Well,’’ he replies, ‘‘Hillary
supported her husband when he sexually
harassed in public office and lied about it.
I’m going to make mistakes, I’m gonna have
a bad thought and be tempted. Only one
human being was perfect.’’
Paoletto, who has been busy labouring in
South Carolina, is returning to live in upstate
New York to be closer to his son, even
though he reckons work will be slower
there. Trump has taunted Clinton about her
broken promise as a senator for New York to
create 200,000 jobs for this largely rural area
that stretches from outside New York City in
the south to Canada in the north.
Trump’s pledge to crackdown on immigrants also resonates with Paoletto. ‘‘People
are coming into this country illegally, doing
jobs that Americans are willing to do. For
businesses to say we don’t have Americans
to do the job, that is a slap in America’s face.
I’ve worked all my life.’’
An elderly African-American woman sitting nearby suddenly interjects. She takes
issue with recent news stories about Trump
hiring foreign workers to build his hotels
and failing to pay contractors who worked
on his casino site at Atlantic City, New Jersey, before it shut in 2014. ‘‘Donald Trump
didn’t care about the little guys. They
Above: Donald
Trump v Hillary
Clinton: the most
contentious US
election in recent
history. Below: Bus
driver Benjamin
with John Kehoe
before departure
from Union Station.
couldn’t afford to sue him,’’ she says.
Paoletto responds in a somewhat
conciliatory tone: ‘‘It’s the haves and
the have-nots. They like us to think it’s
the colour of the skin. It’s not, it’s the
colour of the money.’’
The woman, probably aged in her
70s, argues back. When she began
working at a telephone company decades ago at Palm Beach, Florida, the
‘‘blacks’’ were paid less than the
whites for the same job. White kids
passing on the bus called her a ‘‘nigger’’ as she walked to school.
‘‘Everybody should be treated the
same,’’ she insists.
It’s a short exchange, but one that neatly
illustrates how the country’s history and
people’s experiences within that are influencing them in this election.
The late afternoon sun is streaming
through the windows as we get back on the
road, heading south towards the key swing
state of North Carolina. Bandanna-wearing
New Jersey resident Rick Gray is heading to
bible college in Alabama.
The Democrat voter and divorced father
of two teenagers says he needs a life change.
He has paused running his media production firm due to business being a bit slow. ‘‘I
like Bill Clinton,’’ the 39-year-old says, who
remembers the former president’s economic management from 1993-2001 with
fondness. ‘‘I think he did a good job and they
[Hillary and Bill] make a good team.’’
The scripture student can’t understand
why many other Christians are supporting
Trump over Clinton. ‘‘Trump has always
been a greedy person’’ and wants to ‘‘kill’’
Obama’s healthcare expansion, he adds.
‘‘The rich get rich and the poor stay poor,’’
Gray says. ‘‘She’s for the middle class.’’
By 7pm, it dark outside as we hit North
Carolina. Obama won the state in 2008 but
narrowly lost to Mitt Romney in 2012. An
influx of better-educated people and a
broadening of racial demographics are putting states such as Virginia, and possibly
North Carolina, in the Democrat column for
2016. Given Trump’s rising unpopularity,
even conservative Georgia in the deep south
might be in danger for Republicans, a state
that hasn’t voted for a Democrat presidential
contender since 1992.
At the soulless-looking terminal in
Raleigh, the state’s capital, I catch up with
19-year-old physiotherapy student Hayley
Fearin, who is travelling to see her boyfriend
at his military base. She’s wearing a nose
ring and a blue and yellow T-shirt from Kentucky’s Morehead State University and
admits to not following politics too closely.
She’s unsure if she will make it to the polling
booth. ‘‘If I do, I guess Trump,’’ she says in a
southern twang.
‘‘Why?’’ I ask.
‘‘I just feel like Hillary lied about a lot of
stuff and she’s killed innocent people,’’ she
says. ‘‘It’s all over social media. It’s my
friends who will tweet about it.’’
Fearin is referring to the 2012 Benghazi
attacks on the US Embassy in Libya, where
four American officials died when Clinton
was secretary of state. Fearin’s understanding of this, and how she came to it through
the funnel of friends’ social media feeds,
speak to both the deep distrust of Clinton
and how many young people are receiving
their news these days.
The fallout from the Benghazi attacks is
one of the main issues that has dogged the
Clinton campaign, along with Clinton’s use
of a personal email account to send classified material while she was secretary of
state, and perceived conflicts of interest
between the donor-funded Clinton Foundation and her government work.
Republicans have repeatedly blamed Clinton for the Benghazi deaths and hauled her
before Congressional hearings. After
numerous investigations, the Republicanled House Select Committee on Benghazi
issued its final report in June, finding no
evidence of culpability or wrongdoing by
Clinton. Nonetheless, the incident remains a
rallying cry for Republicans to energise conservative voters.
As we line up to reboard the bus, a different 19-year-old woman is a friendly face as
she chats to her friend beside her. Kiara
Moore says she originally wanted to support
Bernie Sanders in the Democratic primaries.
The English student who studies in Virginia
and is on track to study law, says she liked
the 75-year-old Sanders because of his
authenticity and free college tuition policy.
She had also heard the democratic socialist
marched for civil rights decades ago.
Clinton has struggled to woo Millennials
like Moore, even though the Democrat candidate was widely backed by AfricanContinued next page
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Edited by
Lived
The Wellber 2016
Decem
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Gare:
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The breaking stories and analysis of the events
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The news section of AFR Weekend mixes news
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AFRGA1
COMPANIES &
MARKETS
0036
s for
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Financ
ber 2016
Decem
om | 22-27
www.afr.c
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Trojan true,’’ says
Assoc
Amazon
the cake
in Sydne
of rema could be a
to eight from an Amaz agreements
A049
a net nation
be
much curios
icing off
believes full physical
g
AFRGA1
‘‘It
Park Streett, employees
page
caused
it will
portfolio
ing food e before signin
g its own
oup,
At No.2
point
ued next
Woolford establish a
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Contin
Dive deep into who’s making money, who’s losing
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LIFE & LEISURE
AMPED
W i3 REV
ING BM
IS MOTOR
OF PAR
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EAST VIL
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THE
TRAVEL
NISTS
N MODER
MODER
GHLY
THOROU
DESIGN
Lifeu&
Leıs re
ary 2017
3-5 Febru afr.com
| www.
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AFR
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alian Finan
The Austr
HAUTE E
COUTUR
TO
ESCAPE
Y
FANTAS
ctive
Perspe
els
WA reb fer One
Voters pre Greens
p12
Nation and
parties
to main
ND
AFRWEEKE
fence
Over the Germany
and
Poland
on energy
diverge
s p15
approache
AFRGA1
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Edited
March
om | 4-5
www.afr.c
, Twitter:
edia.com.au
n@fairfaxm
Email: rbolto
t Bolton.
by Rober
ahead
Leaping
Real house
=100 (pts)
es, 1Q95
price chang
250
ia
Austral
Canada
Spain
US
2017
L001
olton
@roberttdb
225
200
175
150
125
100
75
2015
2005
1995
SOURCE:
OECD
l years.
for severa
per cent to whether the
above 10
as
Is it
ings rate open question is good news.
gs rate
It’s an
ing more
in the savin
are becomof trouble
decline
households
nger
a sign that Or is a harbi g into their
e dippin in the hope
confident?
Are peopl the cracks
up in
over
ahead?
picking
to paper
es start ilities have
reserves
and incom
possib
s do go
that wages ahead? Both
But if thing kitty to
years
core.
the
at their
less in the
optimism alians will have
ve
bad, Austr downturn.
st the Resernty,
the
to lamba
certai
handle
sts like
e – and
Many analy g the bubbl year’s two rate
stokin
last
fuel
fresh
Bank for good case that
added
a
there is needless and only that is effectively
er
But
cuts were
ablaze.
of a broad
already
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to a fire
around
regula
warned
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is
one
today
;
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h
reality,
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n
enoug
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ts. Foreig failure to
risk that
have been it in the follow y and Melbourne
s’ pocke
now a real
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Think of prices in Sydne and deliberate
y in seller
to blame of offshore housing and
will
ious
of mone policy is also
shape.
high house the consc
the floodproperty mar- ballooning debt r
orld test
way
my in good are livid
a real-w on such a ment rly manage
the
of
the trigge
are in a
ular
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g an econo
prope
flown intoto play out. All
become
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there hasn’st such a shock ry.
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alia’s next
y
years
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way
that
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mone
word
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er centu
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rio is resilience again
has a longworsened in recenof plan- for
Younger not too strong official interest
r scena
than a quartproperty owne in ket still
lack
recession.
s have
e and a
.
cutting
he horro bare for Aus- scale for more
how
– and that’s
downturn
these thingpolitical failur
is
knows
Bank for nt ultra-low levels might
ng
dy
pread
ve
of
small
being laid
into
my
Nobo
ely
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a wides
because
and nothiwould
collapse
their curre
the econo
react to just one in relativ
urne,
tralians
et does
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rates to
would
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der what
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l
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of the blame
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– not
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price
more
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prepare
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If the housi is where much
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ng
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done to
this
seem, than centrality of markets, but for more than estate.
y printi
look like face of the
ng is being
of a hard
mayhem,
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real
crash.
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and wide- which accou in residential equivalent to should fall. Nothi the possibility
and franti
prices
is
for
rate cuts e and Japan unlea overrced
n tied up
house
hiking
interest
have
Australians
Europ
faith reinfo only trillio scale, that figurel GDP.
lever –
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would
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of selfFor
in the US,liquidity that it not erected
annua
really big
ience that Australian
four times when the army and off- landin h leaves the
wave of Australia had
almost
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in the
funds
to the
over decad is deep-seated s how a nationif
What happe annuation
whelmed ces.
wake up
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up
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ands of
really know
ever go
will react
own defen
left the at
suddenly
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investors hundreds of thous shoddy
2010
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psyche.
late
shore
the
benea
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many believ real realityly constructed aren’t worth what the
fall.
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rapid
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apartment
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parity with
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rency’’.
well above
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st rates
this week
the
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intere
and
teeter
warn
out as
have
sugge
ion that
not to
official
to go down
y – there
Sydney
if prices
played
the
media attentapers on Frida and ballooning ital gain and will they react
out of the ve Bank is loath to give the
dollar.
that have Where would
the heat
since
’t want
Reser
housing for Australia’s income. How
How would faltered?
how
most newsp
created
r
risk that
boom
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ed about ns.
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have
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tourism,
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in
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mers
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for
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think it’s
ab- Lowe week’s nation consumers areexports
the sourc
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s rate have
have climbin 2014.
portions.
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you don’t g housing afford
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seen as
that
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important
even if
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And
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This is
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thinking
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supply
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ins the bedro
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ventional been that house d, when peo- longer.
better?
transport;
since
s and
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ed becau
cover a quality public existing rema nation’s savin
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in the
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worse. Voter was avoid
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or
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scared
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that favou
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home
– for the
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to forget
per cent
boom –
Recession
this home ting tax system ors over new gov- 5.2 l financial crisis, they pushed the
ple’s ability
happen. major resources
sting that
a distor
and invest legacy of past
globa
holds
out.
a
be sugge jobless rate
owners
ail
s that
off house
or wiped
wake of no small feat. RBA is still stuck
in
seems to
l- home s; and the long-t ‘‘buyers’’ grant more pants
the
s; push
The OECD it won’t be a rise r, the causa
ted. That’s
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putting
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of option price
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time aroun the snowball.
house
pread
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230
s
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wides
and
and risk
that sets a sudden and argument’s sake) have alway
with the
down
drift north are
be
y car, for
(points)
ity will
the dollar let interest rates . Yet there e,
210
are simpl
ywhere
05=100
call it panic
or
surge
that they
ng ever
tion (let’s
growth,
cities, 1Q20
ployment starting to emerg
households
Happeni
190
is
housets in major
among much debt.
rocky.
watch unem
a way out
developmen
be very
those same potening,
rying too penny drops,
signs that most probably looks like it mightl
House price
170
on spend s in their
ve
Globa
As the
even if it’ll Federal Reser
month.
y buffer
clamp down
rne
Melbou
rate this
financial
The US
150
ess invest
holds will those with health
Sydney
forms of
r, busin
benchmark
tially even nts or other
hike its turning a corne
Perth
e
130
is
ward
Adelaid e
stances
offset accou
growth
to pick up.
a down
Brisban
starting in those circum holds
createey pushes up
resilience. turn, will mon
ment is
110
that
her house
P
rates
ty
in
g
r
trend
Whet
test.
That, ut you
Hikin
the
news.
mic activi
be the big AFRGA1 A011
be good
in econo accelerating lts, forced
w abo
agree will
should
knospiral
ent,
2016
defau
–
the debt
2015
need to
unemploym r mortgage ce sheets, and
with all
2014
OECD
greate
ng you
been
balan
SOURCE:
2013
towards
Everythi
ssed bank
may have into
2012
2011
sales, distre – turn what
prices
house
2010
’.
in
ately
’
2016
ultim
a ‘‘rout’
2009
ber
‘‘correction’ ed could be
Novem
2008
OECD,
orderly
om | 5-6
2007
d by the burOECD warn
2006
www.afr.c
what the the scenario painte
th the of
2005
benea
se
ble
Under
will crum
r than becau
Australiansmuch debt, rathedown a job.
the fact
den of too to pay or hold
ity
stems from
an inabil the uncertainty
Part of
prices and
As house
Property
ir upward
e,
tinue the
debt con ething has to giv
spiral, som Greber.
ob
writes Jac
SSIBLE
IMPO
ION
A
EQU T
T
ping
ple dip
Are peo reserves to
ir
into the r the
paper ove
cracks?
PERSPECTIVE
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LES
ION RU
N PENS
O
IL
O
GOOD
y Patten.
writes Sall
spend up,
before they
think hard
institute
should
le. The
e that
retirees
of lifesty
ment incom
quality
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savers and
(not includ
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the level
n of assets from Janumight be,
modelled
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tem
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for
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000 on
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ght, or $78
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per fortni
who
able assets $1.50
before
bad.
ed by $3
them
couple
by
in assess
an
think hard capital, it’s January.
that the
ion reduc extra $1000 of pension falls significderive
found
a
advisers,
your
would
the Coalit
to each the amount of assets. It is
‘‘spendThe study their assets
hen
But, warn you’ve spentbly not that many
oners
changes
rently
while the
$1000
,’’ says
ained
e part pensi
proba
a year,
$750,000
rules
unveiled
do it. ‘‘Once
each extra in the incom
there are
on it again advice maint e of $68,000 their assets to
pension
00 –
t, for
purse.
tion
of
ed
the age
gone andget your hands
incom
of $62,0
2015 budgeno ant reduc e from the public ce some seemexecutive fact is that
income they would
who reduc
es.
in the
ways to
thrifts’’
annual
n, chief
h
d to be
will produ retiree incom
will receiv
k Canio rn Australia. ‘‘Theyou choices would have an – even thoug
l years
for
changes
there seemeof experts
Patric
annumes
less
The
gives
Super
on severa
Weste
y
cent
iation of
shortage be better off ingly bizarre outco
firm ipac bit more mone
or 9 per s to the pensi es a net investe
couple
a
s that a
the Assoc
r
Financial gain acces
lling assum
the coupl
having
mers would ating their Analysis by Australia show have a highe
e
Capital
The mode6 per cent and ally over a
future.’’
of
peopl
s
r.
– renov ng cash
GEM
that consu
the
are
of
g
off
would
in
Funds
r,
of saving
gradu
arguin
worse
or earlie return of
y there
ed
or blowi
for ation own their homejust $200,000 million.
capital
Mark Drape‘‘Anecdotall on a house
least no
is assum
ment
fancy cars saving hard
– or at
y
who
with
$1.1
adds:
down theirboth cases it would go
buying
the
income retiring on
y than
Advice, spending mone . It is a permanent drawing
. In
and
homes,
annual
e
3 per cent,earn
eas holida
r period
d at 67
having
who are not sustainable
s-testing than a coupl of return of
g 25-yea couple retire the age of 92, then.
on an oversment.
is
e
a rate
assets would
by
by sellin
a new mean
travel. It
on at
that the
l.’’
capital
their retire is that with on set to be intro-1, Assuming $1.1 million of e while a coupl s
te says thatretirement
a full pensi down their
loss of capita ries Institu
acces
e with
onto
in
incom
The fear the age pensi hs, on January
run
st
have
or
coupl
y
erably
not
for
The Actua l over many years
s would
a year
00 in intere
sive holida ain consid
regime less than two mont ning. Why
g $34,500
000 in saving
in
maint
om, $33,0
an expen
happe
down capita
r $6000
duced in
what is and add a bedro you with $200,age pension, payin
than on will be able to
exactly
s
– rather
full
, and a furthean annual
duals
oom
that is
– indivi
if it mean the to the ing allowances
:
the bathr
them
trophy
RATION
re-model boat, particularly money from
includ income, giving 00.
it ILLUST LETCH
a
more
or buy
interest more than $40,0 e example and
SIMON
extract
able to the age pension? might be,
e of
e being
will be
an extrem
ation
t via
and incom might be to imagine peopl
This
as the tempt rs, savers
governmen
hard
But as strong eaded advise before they is (hopefully)
ment to cards.
level-h
hard
ted entitle
warnssion
say more should think
. Their
unprecedent health conce cancelled at
ing spree Institute.
retirees
ries
cent.
governmen PCC will be pension, it
on a spend
per
your
Actua
11
rk
see
of
over
emba
by the
assets
While their as their age
income
e
backed
long term, Andrew
time
their total and Eileen, their
the
ings are
low incom
to think
the same
,’’ says
ed by a
f
For John d 20 per cent above
‘‘You have ment period annuation pracy from his
virtually
on cut-of
will be replac
ing
retire
card with .
super
add in mone of his car
1 age pensi they are
them aroun
whole
te. ‘‘By spend get
ntly
nor of the
healthcare
January
When yount and the value
entitlements will offer
Centrelink
$814,250 whereas curre
the
Boal, conveActuaries Institu you might
identical PCC, this card discounted
bank accoucontents, he has that on
now,
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cent under
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for
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ns at a
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test
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rtable
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ht away,
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n asset
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chemist
entitle
$1.178 millio
on
Commen
assessablewill place him
well as
provides et
tant
present
1
age pensi
more age likely to run out pension.’’
$6.20 as safety net that
is impor
um.
January the $541,250
age
-pock
that
sound
the
more
maxim
on
rules
be
rt level
on a
Medicare on for any out-of
cent above cut-off.
sysrely fully the pension
services
It’s a comfo their reliance the age
you
life and
y take the
es to
compensati
r
iated with
given
entitlementwide gap when position
s with
The changin fact they largelin 2007. Unde
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ses assoc Medicare.
ntly
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ent
John
curre
expen
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That’s
gh
more
ment
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hs
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oner
d by differ
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his assets
drastic, to where it stood threshold e a
few mont about-to-be
provided they are offere
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consider cent below the
will also
the next
g or
pension: .
rn for
tem back regime, the upperhome to receiv
the card water,
Where
level.
n existin
from the
hand,
him 12 per
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be a conceical
nments,
nts on
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the new
00 from the half a millio receive letters of age
e
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state gover rs to discou
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r,
es will
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n in
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00
Eileen,
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homeownin nment in its
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r
will furthe an individual’s
ary 1, 2017
SMART INVESTOR
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W
u
Even if yo
perks
chemist
, you keep
pension
lose age
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t Tom
J Hack hos
Tilley p37
Fin
d
n
e
k
e
We
EKEND
AFRWE
Life
r email
tidy you
’t have to
You don
p33
ch Triple
AFR Lun
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AFRGA1
0022
Lived
The Wellber 2016
Novem
om | 5-6
www.afr.c
Life
sculpture
her larger
ry, late
supervising Casting found
or
Left: Oliverat Crawford’s
wore mask
, she rarely
in the
Anthozoa
her studio adjusting Vine at UNSW.
2005. (In
Top: Oliver : Globe, 2002,
gloves.)
Above
Hilton.
Sydney
McBride’s
Louise
2010 for
barrister
site at
sold in
Belgiornohouse,
stunning
Beach
made
nado Luca
Whale
Oliver
arts aficio
ronwyn
beautiful $360,000 to
in public
works
hauntingly coveted by Nettis.
Palm and
best-known
and
sculptures,
Oliver’s e the much-loved ic Garcollectorscritics.
Botan
major
by
view includ Sydney’s
hotel
Sydney
acclaimed ly driven art- Magnolia in
ne’s
in the Hilton
allurin Brisba
This fierce
dens, Vine
Feathers
her own
ist, with y, appeared to foyer, and Big
wlStreet Mall. singly ackno
ing beaut
Queen
is increa Australia’s most
most
r.
Oliver
ing caree own life in the
the first
one of
have a glittershe took her lf from her studio edged as sculptors, andher work is
y of
of
Yet at 47 hanging herse completed new important
sive surve a Museum
ly
tragic way, a meticulous determined preci- comprehenat TarraWarr – February
amid
tures.
held
same
ber 19
rafters
site sculp
with the
a being
ia, Novem sculptures from
her exqui , only a note in
exhibition,
Art, Victor
than 50 tions, from the
she made
r part- 5, 2017. More
collec
sion that no personal letters
forme
in 2006,
for her
e and public last works
She left
reperletterbox feed the cats.’’ Oliv- privat
to her
nventive calls it
of
neighbour’se ask Huon to
mid-1980s l her ever-i
ton
shockwave
ner: ‘‘Pleas e since the tures live on, seemwill revea
Julie Ewing
worldly, toire. Curator poetry’’.
sculp
bioIt’s a decad
waited
e, but her
ng,
own other
s,
ue visual
er’s suicid
ing their Spiralling, twisti s, ‘‘uniq ah Fink’s long-a
ge Thing
Stran
:
breath
y.
volute
Hann
Oliver
ingly
’s brilcones,
g energ
s
of Oliver
Bronwyn
funnels, differing design
mesmerisin
graphy, the mysteries 14-hour-daily
lyrical
ate
they were exploring
in intric
sinuous,
compulsiveive life and
mostly
webbing, hts on the
career,
by
spheres, arent copper
thoug
ed liant routine, reclus
published
of transp by Oliver’s deepal world, mingl
work
, will be
ant death
natur
ber.
world.
her
inspired
of the
e inner
her poign Press in Decemal in 2006,
the
strangeness impenetrablromotion and
Piper
’s funer
years,
own
bestAt Oliver er of 22
with her shunned self-p art world’s
Hooke,
in
partn
the
Huon
r
held
Oliver are one of
majority
the forme ed wine writer
g and
sculptures s, with the collections –
esteem
Naomi spoke movingly: like a kite, soarin patkept secret corporate
ing
was
Turnbull,
and
g amaz
on
Mordant,
and Lucy
‘‘Bronwyn
private
and makin was the bloke. My
Malcolm and Catriona Bank, Neil
Besens,
swooping sky, and I
uarie
Simon
the string
Fay, Nicole terns in the holding onto n’t keep holdMilgrom, es à Court, Macq
, Peter
ground that I just could
Janet HolmDavid Walsh in America.
Brono.’’
, the
is
so sorry, a farm in
Balnaves,Jill Ker Conway appear for resale
only regret string. I’m
on
was born
onto that
Kidman, works rarely
Gooda
for ing
Her 305 soar.
2003
Bronwyn
ed in
in a
then prices commission helicopter
led by
Tracery,
and instal
$74,360,
B
AFRGA1
0030
N
WOMA
IRE
ON A W
nting,
and hau
brilliant
es
ptures are t collectors, writ
er’s scul
inen
nwyn Oliv a’s most prom
k begs the
Art Bro
her wor
by Australi ospective of
owned
ng?
ley. A retr
die so you
Janet Haw t led her to
n: wha
questio
d
later studie
Bronwyn Howard, who
e), where
to 1980.
potential,
she Collegture, from 1977 youngster’s
the
the
graduate
1959. When ll, sculp
recognised ng his star blossoming
NSW, in
y Invere
northern
to nearb keeper, had ted in handi
ed her
moved
Gum Flat,
deligh
a green
d, and follow
Bronwyn was six, her familyworked as
s Awar
a slew
yn won study
father
a Dean’r.
assistant.
, Bronw
Oliver, Loop,e where her as a pharmacy wanted to be
and
the 1980s
,
yn
er
ion, caree
to travel
1995. Privat
Through
her moth
ing her
ood Bronw to that ambit top
Scholarshipin
Art
enabl
tion.
childh
s,
e
lling
collec
clung
From
had the
, of award a NSW Trave a master’s degre Briartist, and
l dux she
S: ANSON
in
PHOTO
famous as high schoo Her younger sister l overseas: completing
ESY
l of Arts
e;
by
mode
; COURT
although study anything.
followed at Chelsea Schooin Brest, Franc
SMART
ational
OF
ncy
ESTATE
an intern
marks to
sculpture
;
s reside fellowship in 1994.
became
place
YN OLIVER
by her
an artist’
on
Helen,
BRONW
enrolled where tain; Moet & Chand art authorities disFlorence.
OXLEY9
and
ROSLYN
based in Bronwyn was
and a
Y
art class,
Australian important
RY, SYDNE
Howard,
At 10,
day TAFE
Eminent of our most
GALLE
was Ian
e of
one
in a Satur
mother young teacher Sydney Colleg ie Oliver as
of
the keen become dean Alexander Mack
who later (previously the
Fine Arts
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LIFE & LEISURE
RATES
FINANCIAL REVIEW LIFE & LEISURE SECTION (FRIDAY & WEEKEND)
FREQUENCY
CASUAL
4X
8X
12X
16X
20X
DISCOUNT
CASUAL
5%
10%
15%
20%
25%
30%
Full Page (38x7)
$19,434
$18,462
$17,491
$16,519
$15,547
$14,575
$13,604
$21,377.40
$20,308.20
$19,240.10
$18,170.90
$17,101.70
$16,032.50
$14,964.40
$35,000
$33,250
$31,500
$29,750
$28,000
$26,250
$24,500
$38,500.00
$36,575.00
$34,650.00
$32,725.00
$30,800.00
$28,875.00
$26,950.00
Full Page (38x7) Incl GST
DPSC (38x14)
DPSC (38x14) Incl GST
24X
Junior Page (28x5)
$10,220
$9,709
$9,198
$8,687
$8,176
$7,665
$7,154
Junior Page (28x5) Incl GST
$11,242
$10,679.90
$10,117.80
$9,555.70
$8,993.60
$8,431.50
$7,869.40
Half Page (20x7)
$10,220
$9,709
$9,198
$8,687
$8,176
$7,665
$7,154
Half Page (20x7) Incl GST
$11,242
$10,679.90
$10,117.80
$9,555.70
$8,993.60
$8,431.50
$7,869.40
Third Page (20x4)
Third Page (20x4) Incl GST
Quarter Page (20x3)
Quarter Page (20x3) Incl GST
Strip Ad (10x7)
Strip Ad (10x7) Incl GST
Strip Ad 2 (5x7)
Strip Ad 2 (5x7) Incl GST
10x4
10x4 Incl GST
10x3
10x3 Incl GST
10x2
10x2 Incl GST
Special Retail Module*
$5,845
$5,553
$5,260
$4,968
$4,676
$4,384
$4,091
$6,429.50
$6,108.30
$5,786.00
$5,464.80
$5,143.60
$4,822.40
$4,500.10
$4,384
$4,165
$3,946
$3,726
$3,507
$3,288
$3,069
$4,822.40
$4,581.50
$4,340.60
$4,098.60
$3,857.70
$3,616.80
$3,375.90
$5,114
$4,858
$4,603
$4,347
$4,091
$3,835
$3,580
$5,625.40
$5,343.80
$5,063.30
$4,781.70
$4,500.10
$4,218.50
$3,938.00
$2,557
$2,429
$2,301
$2,173
$2,046
$1,918
$1,790
$2,812.70
$2,671.90
$2,531.10
$2,390.30
$2,250.60
$2,109.80
$1,969.00
$4,160
$3,952
$3,744
$3,536
$3,328
$3,120
$2,912
$4,576.00
$4,347.20
$4,118.40
$3,889.60
$3,660.80
$3,432.00
$3,203.20
$3,120
$2,964
$2,808
$2,652
$2,496
$2,340
$2,184
$3,432.00
$3,260.40
$3,088.80
$2,917.20
$2,745.60
$2,574.00
$2,402.40
$2,080
$1,976
$1,872
$1,768
$1,664
$1,560
$1,456
$2,288.00
$2,173.60
$2,059.20
$1,944.80
$1,830.40
$1,716.00
$1,601.60
$850
PREMIUM POSITIONS
Front Page (10cm x 7cols) Front Page (10cm x 7cols) incl GST
Front Page (8cm x 7cols) Front Page (8cm x 7cols) incl GST
Front & Back Page Ribbon Wrap (8cm x 15cols)
Front & Back Page Ribbon Wrap (8cm x 15cols) incl GST
LOADING
Page 3, 5 & 7
Right Hand Page in Front Half
Right Hand Page
Front Half / Sections
$9,000
$9,900
$8,000
$8,800
$15,000
$16,500
20%
15%
10%
10%
STATE SPLITS (RUN OF PAPER) FULL/HALF/JUNIOR PAGES ONLY
NSW/ACT
VIC/TAS
QLD
SA
WA
DEADLINES
Booking & cancellation deadlines:
10AM Monday prior to publication.
Material deadlines:
12PM Tuesday prior to publication.
50%
40%
40%
Subject to availability
Subject to availability
Rates include colour and effective until 31
December 2017. Rates are subject to change.
Contact your Financial Review sales
representative for further details.
*100% cancellation charge applies for State
splits. Rates are for newspaper only.
For creative options bookings and
information contact
David Higgins
E: [email protected]
9
INSERT RATES,
SIZES & QUANTITIES
PRODUCTION DAY
DISTRIBUTION
QUANTITY
INSERT COST
INSERT + GST
PRINT &
INSERT COST
PRINT &
INSERT + GST
MON-THURS
NATIONAL
86,170
$17,234.00
$18,957.40
$25,818.00
$28,399.80
SATURDAY
NATIONAL
92,530
$18,506.00
$20,356.60
$27,506.00
$30,256.60
MON-THURS
NSW INC CANBERRA
35,950
$7,190.00
$7,909.00
$10,990.00
$12,089.00
SATURDAY
NSW INC CANBERRA
35,960
$7,192.00
$7,911.20
$11,112.00
$12,223.20
MON-THURS
SYD METRO
28,050
$5,610.00
$6,171.00
$8,886.00
$9,774.60
SATURDAY
SYD METRO
20,980
$4,196.00
$4,615.60
$6,688.00
$7,356.80
MON-THURS
VIC
24,190
$4,838.00
$5,321.80
$7,642.00
$8,406.20
SATURDAY
VIC
24,610
$4,922.00
$5,414.20
$7,778.00
$8,555.8 0
MON-THURS
MELB- METRO
20,550
$4,110.00
$4,521.00
$6,560.00
$7,216.00
SATURDAY
MELB- METRO
18,410
$3,682.00
$4,050.20
$6,032.00
$6,635.20
MON-THURS
QLD
12,580
$2,516.00
$2,767.60
$4,288.00
$4,716.80
SATURDAY
QLD
16,380
$3,276.00
$3,603.60
$5,676.00
$6,243.60
MON-THURS
BRISBANE METRO
8,250
$1,650.00
$1,815.00
$2,980.00
$3,278.00
SATURDAY
BRISBANE METRO
7,820
$1,564.00
$1,720.40
$2,834.00
$3,117.40
MON-THURS
WA
8,250
$1,650.00
$1,815.00
$3,246.00
$3,570.60
SATURDAY
WA
9,530
$1,906.00
$2,096.60
$3,656.00
$4,021.60
MON-THURS
SA
4,150
$1,141.25
$1,255.38
$2,329.25
$2,562.18
SATURDAY
SA
4,800
$1,320.00
$1,452.00
$2,584.00
$2,842.40
MON-THURS
TAS
1,050
$525.00
$577.50
POA
POA
SATURDAY
TAS
1,250
$625.00
$687.50
POA
POA
SIZE
SINGLE SHEET
135GSM
170GSM
MULTIPLE SHEET
4-6 Pages
100gsm
150gsm
8-10 Pages
80gsm
120gsm
12-16 Pages
80gsm
120gsm
18-24 Pages
80gsm
100gsm
26 Pages+
Contact Inserts Dept.
DEADLINES - INSERTING ONLY
Booking & cancellation deadlines:
2 weeks prior to publication date
Delivery to site:
1 week prior to publication date
DEADLINES - PRINTING AND INSERTING
Booking & cancellation:
3 weeks prior to publication date
Delivery to site:
1 week prior to publication date
DEPTH & WIDTH
NATIONAL RUN
Minimum
200mm x 180mm
Maximum
375mm x 260mm
Rates for 26 pg+ and “out of specification”
inserts, quoted on request.
INSERTING ONLY Media cost for inserting
a commercial insert/catalogue. Discounts
apply for regular print advertisers.
PRINTING & INSERTING Cost based on
printing, delivery and media insertion of
a single sheet A4 150gsm gloss art flyer,
printed front & back. Does not include
creative production. Other page size printing
and run on quotes available on request.
All bookings are subject to the Fairfax Media
Advertising Terms & Conditions.
100% cost charge will apply when inserts fail
to arrive in time for publication, material
and proof deadline not met, if cancelled
after the specified deadline, or if inserts are
cancelled due to any deviation from these
specifications.
*Print costs are subject to change.
For creative options bookings and
information contact
David Higgins
E: [email protected]
10
AFR WEEKEND
CREATIVE OPTIONS
ADHESIVE NOTES
PRODUCTION
DAY
AD
Specifications
Size: 73mm x 72mm
Print: 4 colour front,
1 colour back
Complete state runs only
AdNotes are subject to
editorial approval
DISTRIBUTION
QUANTITY
ADNOTE COST
ADNOTE + GST
MON-THURS
NATIONAL
84,100
$24,809.50
$27,290.45
SATURDAY
NATIONAL
89,350
$26,358.25
$28,994.08
MON-THURS
NSW INC CANBERRA
35,950
$15,458.50
$17,004.35
SATURDAY
NSW INC CANBERRA
35,960
$15,462.80
$17,009.08
MON -THURS
VIC
24,190
$11,611.20
$12,772.32
SATURDAY
VIC
24,610
$11,812.80
$12,994.08
MON-THURS
QLD (ORMISTON)
11,560
$8,670.00
$9,537.00
SATURDAY
QLD (ORMISTON)
14,450
$10,837.50
$11,921.25
MON-THURS
WA
8,250
$7,837.50
$8,621.25
SATURDAY
WA
9,530
$9,053.50
$9,958.85
MON-THURS
SA
4,150
$7,055.00
$7,760.50
SATURDAY
SA
4,800
$8,160.00
$8,976.00
POCKETS & GLOSS WRAPS
BACK
11cm
Advertising
space
Advertising space
32cm
32cm
Specifications
Stock 250gsm A2 Gloss Artboard
Flat Size 560 x 350mm
Finished Size 450 x 320mm
Print Full cover front & back
CBD Monday to Thursday runs only
Advertising Pockets are subject to editorial approval
DEADLINES - INSERTING ONLY
Booking & cancellation deadlines:
Minimum of six (6) weeks prior to
publication date.
Discount apply to regular Financial Review
advertisers and combine CBD runs.
Rates effective until 31 December 2016.
45cm
FRONT
PRODUCTION
DAY
DISTRIBUTION
QUANTITY
POCKET
COST
POCKET+
GST
MON-THURS
NATIONAL CBDS
30,300
$107,262.00
$117,988.20
MON-THURS
SYD CBD
11,600
$58,000.00
$63,800.00
MON-THURS
MELB CBD ZONE 1
9,900
$49,500.00
$54,450.00
MON-THURS
BRISBANE CBD
4,700
$32,900.00
$36,190.00
MON-THURS
PERTH CBD
2,500
$21,250.00
$23,375.00
MON-THURS
ADELAIDE CBD
1,600
$13,600.00
$14,960.00
Cost includes media, stock, printing, delivery
and newsagent production fees.
*Exact art specifications supplied on
confirmation of booking.
For creative options bookings and
information contact
David Higgins
E: [email protected]
11
AFR WEEKEND
CREATIVE OPTIONS
BELLYBANDS
PRODUCTION DAY
AD
DISTRIBUTION
QUANTITY
BB COST
BB+ GST
MON-THURS
National CBDs
30,300
$82,113.00
$90,324.30
MON-THURS
Sydney CBD
11,600
$40,600.00
$44,660.00
MON-THURS
Melbourne CBD zone 1
9,900
$34,650.00
$38,115.00
MON-THURS
Brisbane CBD
4,700
$25,850.00
$28,435.00
MON-THURS
Perth CBD
2,500
$14,250.00
$15,675.00
MON-THURS
Adelaide CBD
1,600
$9,280.00
$10,208.00
Specifications
Stock 250gsm A2 Gloss Artboard
Size 70 x 570mm
Print Full cover (both side optional)
CBD Monday, Tuesday and Thursday
runs only. Bellybands are subject to
editorial approval
DEADLINES - INSERTING ONLY
Booking & cancellation deadlines:
Minimum of six (6) weeks prior to
publication date.
Discount apply to regular Financial Review
advertisers and combine CBD runs.
Rates effective until 31 December 2016.
Cost includes media, stock, printing, delivery
and newsagent production fees.
*Exact art specifications supplied on
confirmation of booking.
For creative options bookings and
information contact
David Higgins
E: [email protected]
12
CONTACTS - AUSTRALIA
SYDNEY
Fairfax Media
Level 1, 1 Darling Island, Pyrmont
SYDNEY NSW 2009
T: (02) 9282 3415
F: (02) 9282 3854
BRISBANE
Fairfax Media
Level 6, 340 Adelaide Street
BRISBANE QLD 4000
T: (07) 3835 7500
F: (07) 3835 7529
MELBOURNE
Fairfax Media
Level 6, 655 Collins Street
DOCKLANDS VIC 3008
T: (03) 8667 3863
F: (03) 8667 3851
PERTH
Fairfax Media
Level 1, 169 Hay Street
EAST PERTH WA 6004
T: (08) 9220 1575
F: (08) 9423 8922
ADELAIDE
Fairfax Media
124 Franklin Street
ADELAIDE SA 5000
T: (08) 8210 1122
F: (08) 8212 1210
CONTACTS - INTERNATIONAL
LONDON
Brett Warren
Warren International Media
Suite 12, Rossknoll House
Orion Park, Northfield Avenue
LONDON W13 9SJ
T: +44 (0) 20 7099 7992
F: +44 (0) 870 4953 440
MALAYSIA
Audrey Cheong
Publicitas International (Malaysia)
Lot S105, 2nd Floor, Centrepoint,
Lebuh Bandar Utama, Bandar Utama
47800 PETALING JAYA, SELANGOR
T: 0011 603 772 9 6923
F: 0015 603 772 9 7115
THAILAND
Steven Fong
Publicitas Thailand
5th Floor, Lumpinil Building
239/2 Soi Sarasin, Rajdamri Road, Lumpini
PATHUMWAN BANGKOK 10330
T: +662 651 9273 to 7
F: +662 651 9278
EUROPE
Robert Logan
Robert Logan & Associates
Suite 12, Rossknoll House
Orion Park, Northfield Avenue
LONDON W13 9SJ
T: 0011 44 (0) 208 579 4836
F: 0015 44 (0) 208 579 5057
HONG KONG
Zinnia Yu
Publicitas Hong Kong
26/6F Two Chinachem Exchange Square
338 Kings Road, North Point
HONG KONG
T: 0011 852 2516 1515
F: 0015 852 2528 3260
CHINA
Libby Chen
Publicitas Beijing
Room 808, 8/F, Tower A, Fullink Plaza
No 18 Chaoyangmenwai Avenue
BEIJING 100020 P.R. CHINA
T: +8610 6518 8155 ext. 626
F: +8610 6588 3110
NEW YORK
Conover Brown
World Media Inc.
19 West, 36th Street, 7th Floor
NEW YORK 10018
T: 0011 1 212 244 5610
F: 0015 1 212 244 5321
JAPAN
Yasunari Ibe
Shinano International, Inc.
Akasaka Kyowa Bldg, 2F
1-6-14 Akasaka, Miato-ku
TOKYO 107-0052
T: 81 3 3584 6420
F: 81 3 03505 5628
INDIA
Santosh Pandey
The Times of India – International Media
Representation
Response Department
Dr. Dadabhoy Naoroji Road
BOMBAY 400 001
T: 0011 91 22 2273 1338
F: 0015 91 22 2273 1145
DUBAI
Vivienne Davidson
Intermedia, Commercial Centre
Safa Park, Sheikh Zayed Road
PO Box 22857, DUBAI
T: +971 346 6006
F: +971 346 6016
SINGAPORE
Peggy Thay
Publicitas Singapore
1 Coleman Street
#09-08 The Adelphi
Singapore 179803
T: +65 6836 2272
F: +65 6634 5231
NEW ZEALAND
Neil Bowman
McKay & Bowman International Media
Representatives Ltd
PO Box 36-490, Northcote, Auckland
60 McBreen Avenue, Northcot
AUCKLAND 0627
T: 0011 649 419 0561
F: 0015 649 419 2243
SOUTH AFRICA
Michael Armstrong
Publicity Project Management
Rivonia Village, 3 Mutual Road, Rivonia
PO Box 78811, SANDTON, 2146
T: 0011 27 11 803 8 211
F: 0015 27 86 503 3237