Mr McCarthy said Fairfax was looking to increase resources, as well as considering distribution models, content and formats of its newspapers. Fairfax Media publishes The Melbourne Age and Sydney Morning Herald newspapers, as well as The Australian Financial Review and a host of regional mastheads after its merger with Rural Press Ltd. The latest Audit Bureau of Circulations figures showed the company's metropolitan and national newspapers recorded a 2.4 per cent fall in circulation in the three months to June 30, compared to the prior corresponding period. Mr McCarthy said the declines had been "reasonably well managed". While online was Fairfax's "biggest growth engine", he expected newspapers to be around "for a long time".