Why Gina Rinehart’s new media mogul play is good for One Nation

Another day, another billionaire keen to dabble in legacy news media breaks the news that “Australia’s richest” Gina Rinehart is financing a stake in Southern Cross Media, owner of the Seven Network.

It’s all about the power of those inside. Legacy media has become a prize for the average billionaire to stand out just to make the transition from a very wealthy person to a mover and shaker.

As the global billionaire class and radical right parties come together, a new division of power is forming in the media; The microphone is in the hands of the billionaires, while the radical right provides the voice.