Aim of ABC NEWS WATCH

In a diversifying media landscape news editors face an increasingly difficult challenge reviewing the work of reporters under their supervision. Inevitably some mistakes, errors and substandard articles slip past their critical eyes.

The simple aim of ABC NEWS WATCH is to publicise the errors, omissions, and substandard reports produced by the News service and related entities of the Australian Broadcasting Corporation (ABC). In doing so we hope to provide an independent check or audit on ABC news articles and in doing so improve the standard of ABC news reporting. After all its our ABC.

Tuesday, February 15, 2011

PM - fails to hit the mark

If ABC's nightly radio current affairs show PM threw darts the safest place to stand would be in front of the dart board.
Yesterday's alarmist story on payouts by the insurance industry a case in point. PM play the violin strings for the insurance industry having to payout on claims after this years bad weather. However a look at insurance profits over the last three years shows PM misses the bigger picture.
Roger Pielke Jnr's piece titled Tall Tales in the New York Times  finds the following profit reports from giant re-insurer Munich-Re:
2008: consolidated profit amounted to €1.5bn.
2009: a profit of over €2.5bn
2010: a consolidated result of €2.43bn
ABC NEWS: look it up in the thesaurus under gullible.

By the way the Pielke's Jnr and Snr are among the voices missing from the ABC. Here's a chance for PM to make amends and hit the dart board for a change.
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