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Instead, readers will have to buy a subscriptions to read both publications online, with the familiar printing plants of the once great local media giant to shut their doors.
Writing in The Guardian newspaper, former editor of The Age Andrew Jaspan blamed the demise of Fairfax, which is now 19% owned by the world's richest woman Gina Rinehart, on bad management.
"The company has been run by senior executives and boards with no direct experience of running a media company. Instead, leaders at Fairfax have been property developers, management consultants, accountants, and rugby players," Jaspan said in The Guardian.
He pointed out what has been obvious to many observers for years - that the main Fairfax ad money spinners of real estate, jobs, classifieds, and cars had all been ripped away by aggressive new online rivals, such as Seek, Carsales and realestate.com.au.
As a result of the restructuring, hundreds of broadsheet journalists in both Melbourne and Sydney will soon be looking for work - and only a few are likely to find any joy with applications to News Limited.
Meanwhile, the world is watching to see what Gina Rinehart intends to do with the media company, which ironically has the largest online media audience in Australia.
