Last night to a room filled with journalists, media executives and corporate leaders, Paul Maley was awarded the 2015 Lowy Institute Media Award for his reporting on Australian foreign fighters in Iraq and Syria for The Australian (here's an archive of Paul's work).

Other finalists for the 2015 Media Award were Rowan Callick (The Australian) for his analysis of Australia's economic and trade relationships with Asia, Lindsay Murdoch (Fairfax Media) for his coverage of the baby Gammy controversy, Peter Stefanovic (Nine News) for his coverage of conflicts in the Middle East, and Foreign Correspondent (ABC) for its report on the Ebola outbreak in Sierra Leone.

As you will hear in the podcast below, Robert Thomson, Chief Executive of News Corporation, delivered an outstanding keynote address. Mr Thomson warned that, without proper remun­eration, well-resourced reporting would be further challenged in the future, with the digital age hostile to ­investment in ­journalism. The podcast also includes Paul Malley's ad-libbed and funny acceptance speech.

 The 2015 Lowy Institute Media Award, which included a $20,000 cash prize and a trophy created by Dinosaur Designs, was supported by IAG. For more information on the Award, click here.