The main self-regulatory body concerned with the print media is the Australian Press Council. The regulatory body for the broadcast (and some aspects of online) media is the Australian Communications and Media Authority, which is described as a system of co-regulation due to a collaborative system between the industry which prepares codes of practice, which are then formally registered with the regulator. There is no national ombudsperson for the media.
The Australian Press Council has a mediated settlement process that can consist of publishing an apology, correction, clarification, or follow-up material. Several papers now have a correction or “mea culpa” column (see Josephi, 2011).
Some of the print media houses have their own internal codes of conduct or editorial ethics policy available on their websites.