Canberra, 09 May 2012
New prize to recognise and reward the brightest and best in Australian finance and business media
The National Press Club of Australia and Visa have announced a major new media award to recognise excellence in finance and business journalism in Australia. The award was announced today by Press Club President Laurie Wilson and Vipin Kalra, Visa’s Country Manager Australia, at Parliament House in Canberra to coincide with the Press Club’s traditional Post-Budget Address by the Deputy Prime Minister and Treasurer, Wayne Swan. The prize also seeks to improve the national focus on the contribution journalists make to broadening awareness of the importance of business and industry in our modern economy. Laurie Wilson said the Australian Financial and Business prize filled an important gap in the media awards sponsored by the National Press Club. “Financial and business journalists cover critical issues of national importance and the award would provide a valuable recognition of their work,” he said. Visa’s Country Manager Australia, Vipin Kalra, said that more than ever before the public relied on clear and uncompromising professional reporting of events in the business community. “Visa genuinely feels top-flight business journalism is a critical part of a vibrant national economy. So we’re very proud to be working with the National Press Club of Australia – Australia’s most iconic forum for media and policy discussion – to set up this prize,” Mr Kalra said. “The Federal Budget period is an appropriate time to announce the prize as Australians look to journalists to help understand the impact of the Budget on their community, including the impact on businesses,” added Mr Kalra. The Press Club’s immediate past President and current President of the International Association of Press Clubs, Ken Randall, commended Visa for its generous support of quality journalism through this project. The detailed criteria for the National Press Club of Australia-Visa Excellence in Australian Financial and Business Journalism Prize, including dates for the application period, will be published shortly by the National Press Club. The prize will include a substantial cash component and the winner will be determined by a judging panel comprising representatives of the National Press Club, media and the business community. Media contactsMarietta RudolfNational Press Club of Australia+61 212199 or email@example.com Andrew CraigVisaausinfo@visa.com
The National Press Club of Australia was established by journalists, based in Canberra, to provide a genuine national forum for discussion of the issues of the day by the personalities who help shape them. Through the National Australia Bank Address the Press Club has developed a reputation nationally and internationally as Australia’s leading forum for the discussion of issues and debate on public policy in a lively, informative and entertaining format. The National Press Club is Australia’s best known institution for informed discussion and debate, and has a history spanning nigh on 50 years.
Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world’s most advanced processing networks – VisaNet – that is capable of handling more than 20,000 transaction messages a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit www.corporate.visa.com.