Research finds 60% of financial journalists concerned about job security

60% of Australian financial journalists are increasingly concerned about their job security, despite experiencing audience growth between 20 and 50%, research from corporate and financial communications consultancy, Honner, has indicated.

Falling advertising revenue, closing newsrooms, and large-scale stand downs and redundancies across the Australian media industry were at the root of journalists’ concerns, despite 80% of financial journalists reporting that their workload has increased.

Financial journalists are facing increasing workloads and worries about job security

In the past month, 10 Daily and Buzzfeed Australia’s news rooms have closed, 250 redundancies and stand downs have occurred at Bauer Media and News Corp has closed over 100 titles. Ad spend for the month of April was projected to decline by 25-30%.