Among the stories on our website this morning: journalists at Fairfax Media have condemned proposed $30m job cuts and strongly rejected a "mission statement" in which the company stated an ideological position about being pro-business and pro market-based solutions.
On Wednesday the company stunned journalists at the Age and the Sydney Morning Herald when it outlined a new political strategy in a five-page document about an editorial restructure: "Our pro-investor, pro-consumer view of business is central to our influence in the economic and business community. We believe in the merits of market-based solutions to economic challenges," the company said.
The response from editorial staff was swift: "We reject any ideological direction [..] We call out the company's pernicious ideological interference and the fact that coercion was buried in their mission statement."
Keep reading for the rest of the top stories this morning, with more news from around Australia and the world.
Diet Woke: how Pepsi's ad backfired for Kendall JennerThe soda company missed the mark with its protest promo. But will no one think of how it soured the Kardashian brand, too?Have an excellent day and if you spot something I've missed, let me know on Twitter at @earleyedition.
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