Wednesday, March 24, 2010

"SHYTOWER " REPORTING

In the interests of fairness, natural justice and balanced reporting, the names of those anonymous real estate agents and property investor/s making damaging claims against Skytower developer Nic Rigas in respect of the valuation of apartments should be made public.

In two major stories, the NT News has allowed these individuals , under the cloak of anonymity, to make their claims. Real estate people usually love to be named and photographed, but not in this case.

The latest News story , running the same line as the first, says: “ The buyers are believed to include two real estate agents and a property speculator.” The News surely must know for certain who the shy ones are, so why have they not been named ? We know who they are, so does a large section of the business community , surely the Real Estate Institute , bankers and other agencies who keep a close eye on various deals . The rest of the community should be told the identity of these persons.

The conclusion is being drawn by some that the News has not named the coy coterie because the real estate industry here and in other parts of Australia, as revealed by Media Watch, and our own observations, gets preferential treatment from newspapers because they do a lot of advertising .

The action of the threesome / foursome has even been commented on in letters to the News editor. A little bit of basic follow up journalism would undoubtedly turn up some interesting information for the community at large to better understand the situation in which there are many unaswered questions, ones which automatically come to mind.