NZX newsroom editor says Chinese walls are intact
The editor at one of NZX’s media subsidiaries says it has been business as normal since the stock exchange operator took over.
Newsroom.co.nz editor Peter Fowler says the division has editorial independence and no-one from other NZX divisions has ever asked for articles to be changed.
Earlier this week publisher Max Bowden wrote to the Commerce Commission questioning the ethics of NZX buying Country-Wide Publications and whether it was a conflict of interest. "The NZX is supposed to be a market regulator, not a promoter of its own propaganda," he wrote.
The purchase adds to NZX’s existing rural media division, giving it the ear of the farming community.
But Mr Fowler says he can’t see any conflict in NZX owning media outlets. “They’re separate businesses,” he says, comparing it to Fairfax’s ownership of TradeMe.
“If the news is slanted the readers are going to pick up on it.”