Yes but it's much harder to find out about Australian politics because we all spend our time as a minority on an American web and our media just aren't doing (can't do?) a great job.
The media is certainly getting smaller—everywhere, not just in Australia—and important things aren't getting reported. The answer to that is pretty boring, though: pay your subscription fees already.
theguardian.com/au
michaelwest.com.au
theconversation.com
themonthly.com.au
All do decent analysis of policy and economics and holding government to account.