Senator CONROY (Victoria—Minister for Broadband, Communications and the Digital Economy, Deputy Leader of the Government in the Senate and Minister Assisting the Prime Minister on Digital Productivity) (14:23): Fairfax Media is grappling with the challenges and opportunities brought about by technological change. Senator Brandis: Not to mention the carbon tax. Senator CONROY: Not to mention the carbon tax! Yes, it is on the internet, idiot. You might have met it. Possibly not, given the knuckle draggers on the other side. What is crucial in this process is that the board and management of Australia's oldest newspaper company must not lose sight of its core objective—that is, its values. One of the strengths of Fairfax Media is the importance the company has placed on editorial independence. The Gillard government has long been aware of the changes resulting from the emergence of the digital economy. We have recognised these challenges. That is why we set up the convergence review. That is why we specifically set up, as the terms of reference, our supplementary media inquiry— (Time expired)