The New Daily

The New Daily is an online, non-paywalled, Australian newspaper established in 2013.[1][2] It was founded by AustralianSuper, Cbus and Industry Super Holdings[1] but in 2016 became wholly owned by Industry Super Holdings.[1][3][4] The founding editor is Bruce Guthrie, currently the editorial director (as at the beginning of June 2019),[5] who was formerly an editor of the Herald Sun and The Age.

The New Daily
FormatOnline newspaper
Owner(s)Industry Super Holdings
EditorNeil Frankland
Founded2013
HeadquartersMelbourne, Australia
Websitethenewdaily.com.au

The venture has been controversial due to its ownership by non-profit superannuation funds, in regards to both the publication's commercial nature and its editorial independence.[3] In 2017, The New Daily generated A$13,647 profit based on revenue of A$280,125 from advertising in addition to capital investment from its owner.[3]

The purpose of this free online newsletter was to improve financial literacy in the community, free of the problems of pay-walls, though the content mainly has a focus on current affairs reporting. On its fifth anniversary in 2018, the publishers reported significant success in achieving two million unique monthly viewers.[6]

Notable contributors

References

  1. Ryan, Peter (12 November 2013). "The New Daily emerges as an online media player, with backing from industry superannuation funds". Australian Broadcasting Corporation. Retrieved 1 October 2017.
  2. Manning, James (14 April 2017). "The New Daily goes top 20: Breakeven in sight". Media Week. Retrieved 1 October 2017.
  3. Battersby, Lucy (21 November 2016). "The New Daily now wholly owned by Industry Super Holdings". The Sydney Morning Herald. Retrieved 29 November 2018.
  4. Klan, Anthony (24 February 2014). "Corporate regulators probe The New Daily website for illegalities". The Australian. Retrieved 1 October 2017.
  5. "Contact". The New Daily. Retrieved 7 June 2019.
  6. "The New Daily celebrates audience growth on fifth anniversary". Mediaweek. 13 November 2018. Retrieved 29 November 2018.
  7. "Francis Leach Joins The New Daily As Sports Editor - B&T". B&T. 23 October 2018. Retrieved 24 October 2018.
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