'This article examines recent debates around the decline of Australian literary production, focusing on the various methods used by Mark Davis, David Carter and Katherine Bode to quantify literary publishing activity. Following this analysis, the article surveys Australian literary production in 2012 in order to make four key claims: 1) a fundamental shift has occurred in the mediation of literary production, which is now principally undertaken by small and independent publishers; 2) this shift in mediation has profoundly affected the audience for most literary works, which now circulate amongst a smaller readership who have some stake in the production of literature as authors or mediators; 3) this contemporary form of literary ‘prosumption’ resembles the mode of literary production of the avant-garde as described by Pierre Bourdieu; 4) while this network of prosumption may appear insular, the complex social position of ‘authorship’, as noted by Bernard Lahire, means that literary culture brings together a network of agents who might otherwise remain unconnected.' (Publication abstract)