On the other hand, an article from The Australian, which will be toe-to-toe with the emerging brand,

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The rise of the Internet as a major source of information had traditional hard copy newspaper companies struggling investors edge to survive. However, it should be noted that up to now, there is not an online media magnate in sight yet according to ABC News.
The key selling-point of The New Daily to customers is that it will have no pay wall that will limit its readers from viewing its contents unlike The Australian, The Age and The Sydney Morning Herald.
The three supporters of the brand are providing a total of $6 million worth of superannuation funds or $2 million each. However, the ultimate plan is to turn The New Daily into a self-sustained product through advertising revenue.
Guthrie investors edge and Garry Weaven, chair of The New Daily Propriety Limited, stated that the expectations are very realistic. They explained that the company will be able to pay for itself and move into a profit-making venture in around three to five years.
On the other hand, an article from The Australian, which will be toe-to-toe with the emerging brand, does not agree with utilising superannuation funds to finance investors edge a “loss-making website” . The author Judith Sloan, investors edge a member of AustralianSuper, is wary that her contribution may only be wasted with The New Daily.
For more articles about superannuation and the Australian banking sector, visit Rate Choice . The website is the leading banking and finance portal in Australia today which also provides comparison tools that will let you compare products and services offered by various banks and financial institutions in the nation today.
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