The whole article feels so sleazy.
I do, however, think that the media in general in Australia is abhorrent when compared with other countries, though.
The term is associated with trashy newspapers, but actually refers to the print size. So describing The Age as a tabloid is factually true.
If you want to drop your IQ a couple of points, swing past ninemsn.com sometime.
EDIT: I just re-read the parent, and is using 'tabloid' in the trashy sense. I'll leave the comment as a general knowledge point.