'Just 1,000 listeners' for Patricia Karvelas ABC RN breakfast show

Apparently Australians don't like uppity self-important smart-arses.

Who knew?

From www.news.com.au

https://www.news.com.au/entertainment/tv/radio/just-1000-listeners-abc-radio-national-audience-continues-to-collapse/news-story/73ff7c41e8aad659b20e3bc5c1662f84

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The ABC’s flagship radio program has continued to plummet in the ratings, averaging as low as “just 1000 listeners” in one capital city.

The third GfK radio ratings survey of 2023 released on Tuesday saw KIIS FM’s Kyle and Jackie O delivering a record audience share in Sydney and talkback station 3AW dominating in Melbourne.

But it was more bad news for the ABC, which in March launched an urgent review of its capital city radio stations in a bid to arrest a dramatic decline in audience share, particularly in the all-important breakfast and drivetime slots.

Media commentator Tim Burrowes from Unmade Media noted that ABC Radio National’s five-city breakfast audience was now “below 50,000”.

“You have to wonder how low an audience needs to get before something changes,” he wrote.

“At ABC Radio National, Patricia Karvelas’ share of the breakfast audience has shrunk again. She now commands just 1.5 per cent (yes, 1.5 per cent) of Sydney listeners, 3.1 per cent in Melbourne, 2.7 per cent in Brisbane, 1.6 per cent in Adelaide, and 0.4 per cent in Perth.”

Burrowes said the Perth RN Breakfast number represented “an average of just 1000 listeners — the lowest that can be recorded without returning an asterisk”.


Jim Chalmers, action man - friend of the battler - stunning and brave.

"The RBA needs to explain itself!"

My God, Jim's fired his strongest ammo first.

How do you take it up from there Jim?

Actually old mate, the RBA has explained itself, in detail, here.

https://www.rba.gov.au/media-releases/2023/mr-23-13.html

Monetary policy 101 Jim me boy.  

Your government is pushing inflation up.  The RBA will try to dampen down your inflationary fires by ratcheting up interest rates.  

You can get them 'to explain themselves' till the cows come home, but dem's da fax.

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RBA lifts cash rate another .25% to 4.1%

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At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.10 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.00 per cent.

Inflation in Australia has passed its peak, but at 7 per cent is still too high and it will be some time yet before it is back in the target range. This further increase in interest rates is to provide greater confidence that inflation will return to target within a reasonable timeframe.

High inflation makes life difficult for people and damages the functioning of the economy. It erodes the value of savings, hurts family budgets, makes it harder for businesses to plan and invest, and worsens income inequality. And if high inflation were to become entrenched in people’s expectations, it would be very costly to reduce later, involving even higher interest rates and a larger rise in unemployment. Recent data indicate that the upside risks to the inflation outlook have increased and the Board has responded to this. While goods price inflation is slowing, services price inflation is still very high and is proving to be very persistent overseas. Unit labour costs are also rising briskly, with productivity growth remaining subdued.

Growth in the Australian economy has slowed and conditions in the labour market have eased, although they remain very tight. The unemployment rate increased slightly to 3.7 per cent in April and employment growth has moderated. Firms report that labour shortages have eased, although job vacancies and advertisements are still at very high levels.

Wages growth has picked up in response to the tight labour market and high inflation. Growth in public sector wages is expected to pick up further and the annual increase in award wages was higher than it was last year. At the aggregate level, wages growth is still consistent with the inflation target, provided that productivity growth picks up.

The Board remains alert to the risk that expectations of ongoing high inflation contribute to larger increases in both prices and wages, especially given the limited spare capacity in the economy and the still very low rate of unemployment. Accordingly, it will continue to pay close attention to both the evolution of labour costs and the price-setting behaviour of firms.

The Board is still seeking to keep the economy on an even keel as inflation returns to the 2–3 per cent target range, but the path to achieving a soft landing remains a narrow one. A significant source of uncertainty continues to be the outlook for household consumption. The combination of higher interest rates and cost-of-living pressures is leading to a substantial slowing in household spending. Housing prices are rising again and some households have substantial savings buffers, although others are experiencing a painful squeeze on their finances. There are also uncertainties regarding the global economy, which is expected to grow at a below-average rate over the next couple of years.

Some further tightening of monetary policy may be required to ensure that inflation returns to target in a reasonable timeframe, but that will depend upon how the economy and inflation evolve. The Board will continue to pay close attention to developments in the global economy, trends in household spending, and the outlook for inflation and the labour market. The Board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that.

Enquiries

External Communications
Secretary's Department
Reserve Bank of Australia
SYDNEY

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King's Birthday Weekend!

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Flag marshals in all Australian Government departments, authorities and related portfolio agencies are requested to fly or display the Australian National Flag on Monday 12 June 2023, to celebrate The King’s Birthday. Other organisations are encouraged to follow this protocol. Queensland and Western Australia celebrate the birthday on different dates.

Information on flag protocol can be found on the Department’s website at
 http://www.pmc.gov.au/flag

The financial and staffing implications arising from flag marshal duties for The King’s Birthday holiday are the responsibility of each organisation.

Your assistance is appreciated.

Commonwealth Flag Officer

6 June 2023

Department of the Prime Minister and Cabinet
1 National Circuit
BARTON  ACT  2600