In case you managed to miss Ita Buttrose’s stirring speech in defence of her well-remunerated job, sorry, the ABC, here’s one short grab from the Australian that tells you all you need to know — but, please make sure you are seated, comfortable and relaxed when you read it:

Ms Buttrose cited a Deloitte report commissioned by the ABC, which found the broadcaster contributed $1bn to the economy annually with more than a third going towards the broader media ecosystem.

An external consultant who would, for the right amount of money, produce an analysis showing that Australia is New Zealand has found that an organisation that costs taxpayers $1 billion dollars a year “contributed $1bn to the economy annually“.

Now that’s an insight. Now that’s public interest journalism. Now that’s an organisation under resource constraint. Now that’s our ABC.

Emma Alberici herself could not have produced finer, more insightful economic analysis.