Frank, our accountant, recommended Julian Gough's article to me "Bought to Book". He'd found it in the AFR, originally published in Prospect magazine and available online.
Gough asks provocatively why the modern literary novel is so worthy and dull and answers that its because tragedy has squeezed out comedy. Otherwise it is too rich to summarize here. Highly recommended. Gough coins the marvellous term "wangster".
Gough won the UK's National Short Story Prize, the richest in the world in April for "The Orphan and the Mob" - "15000 pounds worth of story".