Australia’s newswire set for switch

Australian Associated Press will start a new chapter as a social enterprise next month while continuing its 85-year history of no-nonsense, fact-based reporting.

The newswire will transform at the beginning of next month after its sale from Australian media companies to a group of privately-backed philanthropists and investors.
Leading the group is foundation investor John McKinnon, who partnered with Nick Harrington to mount the successful rescue bid.