"Examples from Ireland and Finland spring to mind.
In Finland, the country’s major news outlets and the journalists union have been members of the Council for Mass Media since the 1960s.
It is 75 per cent funded by news companies and 25 per cent by the government, but the news industry controls it.
It is entirely voluntary, but about 95 per cent of all Finnish journalists are members of the council and subject to its complaints processes.
Notably, 69 per cent of Finns trust their news media, compared with just 41 per cent in Australia.
It is a somewhat similar story in Ireland."