Fairfax outsources jobs to lower-wage economy

Fairfax Media says 13 sub-editing jobs are being axed in its Financial Review Group, which includes the flagship Australian Financial Review plus several business magazines.

The Sydney-based roles are being outsourced to the Australian media company's New Zealand operation, whose properties include Stuff, The Dominion Post, Christchurch Press, Waikato Times, Sunday  Star Times, various magazines and several subbing, layout and writing "hubs" that span multiple titles.

In June last year, Fairfax confirmed plans to shift 65 sub-editing jobs for its Australian regional newspapers to its New Zealand "sub-hub".

The move sparked wildcat strikes. Journalists and sub-editors on this side of the Tasman have a lower rate of union membership.

In a statement, Fairfax said: “FRG, like every media business in the world that is committed to its future, is changing and improving the way it delivers journalism and services.

"Its cost base is being reshaped to match the business and it is changing the way it delivers its journalism and services to better meet the needs and expectations of its readers. 

"The proposed copy sub-editing arrangements would assist in the streamlining of the business and deliver significant cost efficiencies while ensuring the masthead, magazine titles and digital platforms remain high quality news sources of choice for FRG’s loyal readers.”

This article is tagged with the following keywords. Find out more about My Tags

Post Comment

5 Comments & Questions

Commenter icon key: Subscriber Verified

They've been outsourcing for some time - In the Waikato they tout themselves as "your local paper" but a lot of the ad makeup and stuff is sent to India. Local, my backside...

Reply
Share

Yep - How do they sleep at night telling such porkies?

Reply
Share

Crikey, when I read the headline I thought they were talking about some Third World country.
But I find they are talking about good old NZ.

Reply
Share

John Key's plan to make us a low-wage economy for foreign companies to exploit is clearly working.

Reply
Share

I have spent the Christmas holidays back in the UK.
Each morning the BBC broadcasts a programme called 'Wanted Down Under.
It shows Poms trying out life in Australia and New Zealand before deciding whether or not to emmigrate.
Quite often the wages in Australia are double to what they are in the UK.
This morning, someone even said they might earn double in Auckland as opposed to the UK.
If you think the NZ economy is bad, try Britain, where wages and living standards are stagnating.
Contrary to what we might think, it might be worth while for employers in Australia and New Zealand to outsource to the UK, something quite the reverse of a few years ago.

Reply
Share

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7895 0.0019 0.24%
AUD 0.9208 -0.0021 -0.23%
EUR 0.6324 0.0026 0.41%
GBP 0.5009 0.0021 0.42%
HKD 6.1203 0.0147 0.24%
JPY 92.7400 0.0930 0.10%

Commods

Commodity Price Change Time
Gold Index 1196.6 -0.500 2014-11-26T00:
Oil Brent 79.4 -0.640 2014-11-26T00:
Oil Nymex 73.7 -0.400 2014-11-26T00:
Silver Index 16.6 0.000 2014-11-26T00:

Indices

Symbol Open High Last %
NZX 50 5457.4 5462.1 5457.4 -0.04%
NASDAQ 4760.2 4788.0 4758.3 0.61%
DAX 9934.8 9992.7 9915.6 0.51%
DJI 17812.2 17833.8 17814.9 0.07%
FTSE 6729.2 6749.9 6729.2 0.18%
HKSE 24169.8 24228.1 24112.0 -0.45%
NI225 17310.5 17346.8 17383.6 -0.78%