You'd be surprised the amount of local news a country with 10 million inhabitants generates. It is a true however that we do get a lot of "an accident in A5 resulted in 1 dead and 2 injured" with full TV coverage. But having traveled a bit all over the world and having lived for 4 years in Canada and 8 in Australia, I just know for a fact we aren't any different.
On the other hand we do have a big taste for international news that extends across all types of media here. So I can safely say around 40% of our daily news time is spent talking about what's going on out there. 20% is spent talking about sports (did I say sports? I meant soccer) and the remaining 40% on local news.
I do appreciate the quality of our work. There's very few things I appreciate about my own country other than its natural attributes. If you stick around for enough time, you'll quickly understand this. But generally speaking I appreciate and am thankful of the general tendency for unbiased journalism over here. Especially when I have such terms of comparison as CNN or Fox.