Trading Post (newspaper)

Last updated

Trading Post
FrequencyWeekly
Publisher Telstra
FounderCharles Falkiner
Margaret Wilkins
First issue1966
Final issue2009
CountryAustralia
Based in Melbourne
Language Australian English
Website www.tradingpost.com.au
ISSN 0736-3451

The Trading Post was a classified advertisement newspaper first published in Melbourne in 1966, named for the generic concept of a trading post. After changing hands a number of times, in 2004, the company (which had grown nationally to 22 print publications and five related websites) was bought for $636 million by Telstra. In April 2009, it ceased printing altogether and moved to an online format only.

Contents

History

Melbourne

The original founders of the Trading Post, Charles Falkiner and Margaret Wilkins, started the newspaper in 1966 using an initial outlay of $24,000. [1] [2] In 1968, the newspaper expanded operations in both Sydney and Brisbane, with the Adelaide, Perth, Tasmania, Darwin and Canberra editions were established during the 1980s and 1990s. [3] It first went online in 1996.

Adelaide

A suburban Adelaide edition, selling or buying used goods, was published fortnightly (later weekly) under various names for 41 years:

A number of rural (country) South Australian editions, using the same format, were also published:

The State Library of South Australia has physical and microfilm versions of the South Australian version of the publication available from edition 1 (March 1978). [4]

Owner

The original company changed hands numerous times before being purchased in 1998 by Trader Media, a Dutch-owned company. [1] In March 2004, Trading Post was bought by Telstra for $636 million. [12] At the time of sale, the company had grown nationally to 22 print publications and five related websites. [13]

In October 2009, in the face of a massive shift to virtual advertising, it moved to being a website based publication only. The shift, however, resulted in 279 positions across nine locations being made redundant. [1] At the time of transition, it had an average of 469,000 readers a week while the website received 1.8 million unique hits per month. [13] According to Telstra at the time of the sale, "the most popular Trading Post categories are pets and horses, household furniture and goods, wheels, tyres and parts, home renovations, rural and machinery, gardens and outdoor living, business and office, and sport, leisure and recreation." [3]

In 2012, an attempt to sell the business to Carsales collapsed after the Australian Competition & Consumer Commission opposed it. [14] [15] It was later privately acquired by a group of digital entrepreneurs. [16]

Trading Post was most famously referenced in the 1997 Australian movie, The Castle. [12] [13] [17]

See also

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References

  1. 1 2 3 "Trading Post print run ends". ABC News . 30 September 2009. Retrieved 18 August 2018.
  2. ↑ "AM - Founder of Trading Post discusses sale". www.abc.net.au. Retrieved 18 August 2018.
  3. 1 2 Oakes, Dan (30 September 2009). "Dream over for Trading Post". Sydney Morning Herald . Retrieved 18 August 2018.
  4. 1 2 "The Adelaide private trader [newspaper]". State Library of South Australia. Retrieved 18 August 2018.
  5. ↑ "20th century newspapers in the Adelaide region South Australia". www.jaunay.com. Retrieved 18 August 2018.
  6. ↑ Laube, Anthony. "LibGuides: SA Newspapers: A-B". guides.slsa.sa.gov.au. Retrieved 18 August 2018.
  7. ↑ Adelaide trading post. Redwood Park [S. Aust.] : Adelaide Trading Post. 1968.
  8. ↑ "Adelaide trading post [newspaper]". State Library of South Australia. Retrieved 18 August 2018.
  9. ↑ Adelaide trading post. Hillcrest, SA : Adelaide Private Trader. 1985.
  10. ↑ "Weekly trading post [newspaper]". State Library of South Australia. Retrieved 18 August 2018.
  11. ↑ "Trading post [newspaper]". State Library of South Australia. Retrieved 17 August 2018.
  12. 1 2 "Trading Post's paper demise was on the cards". ABC News. 29 October 2009. Retrieved 18 August 2018.
  13. 1 2 3 "Trading Post dumps paper edition, fully online". The Courier Mail. 30 September 2009. Retrieved 18 August 2018.
  14. ↑ ACCC to oppose Carsales acquisition of Trading Post Australian Competition & Consumer Commission 20 December 2012
  15. ↑ ACCC opposes Carsales's Trading Post deal ABC News 20 December 2012
  16. ↑ Kitney, Damien (14 February 2017). "Trading Post targets Gumtree with $15m raising". The Australian.
  17. ↑ "Trading Post published for last time". Australian Broadcasting Corporation . 29 October 2009. Retrieved 18 August 2018.

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