The Australian’s editorial (“Smile! It’s your lucky day”, (2/2)) is so busy using Gina Rinehart’s sudden interest in media as an excuse to fling insults at its Fairfax rivals that it completely overlooks the elephant: a billionaire wants to buy an entire press segment in order to silence it. Unless their hatred of Fairfax outweighs their professed love of an independent press, her ambitions should appal.