ABC's Paul Barry reveals he has a ‘clear conflict of interest’

The ABC's Paul Barry made an extraordinary admission this week revealing a “clear conflict of interest,” Sky News Digital Editor Jack Houghton says.

“Crikey is a Melbourne-based news site with 11 journalists and around 25,000 subscribers, and I should declare I once worked for it and have a very small shareholding,” Mr Barry said on Monday.

Mr Houghton said the “small” holding Mr Barry described was in fact worth $150,000 when he received them.

“Over the years that stake, according to Barry himself, has dwindled to around $25,000 which, I my opinion, is hilarious,” Mr Houghton said.

“The ABC declined to comment on the clear conflict of interest Barry's financial stake in Crikey creates in media reporting, describing it as a personal issue.”