Apparently not, judging by the outrage heaped on Scott McIntyre, a football reporter and presenter who was sacked by SBS Television after posting a series of inflammatory tweets last Saturday evening.
Addressing his 30,000-plus followers, McInytre deplored "the cultification of an imperialist invasion of a foreign nation", claimed the Anzacs committed "summary execution, widespread rape and theft", and described Australians commemorating Anzac Day as "poorly read, largely white nationalist drinkers and gamblers".
While the tweets, predictably, provoked general indignation, there was consternation in some quarters when their author was fired.
"Lest we forget, our diggers also died for free speech," tweeted Hugh Riminton, a Network Ten news anchor and board member of Soldier On, which supports wounded service personnel.
Free speech? Codswallop, thundered the conservative chatterati. "This bloke had free speech ... There are consequences when you exercise freedom of speech, and if you're not prepared to wear the consequences, best stay shtum," counselled leading right-wing commentator Chris Kenny on Sky News.
But hang on, aren't the consequences precisely what the never-keep-shtum Bolt wasn't prepared to wear when he found himself in court - consequences which he still rages about, in print and on air, nearly four years on?
All the adjectives deployed about McIntyre's tweets - "dumb", "disrespectful", "offensive"', "vicious", "disgraceful", "repugnant", "wrong" - applied equally to Bolt's columns and blogs. Yet Kenny and like-minded commentators didn't rip into him when they were published.
This week, with breathtaking chutzpah, Bolt joined the chorus of condemnation of McIntyre, even accusing him, bizarrely, of fuelling Muslim extremism by portraying Australia as "a land of white trash with an army of rapists and murderers".
If only McIntyre had kept shtum. But aren't those on the political right against censorship? Or are they only against censorship when it targets opinions which they approve of?
Leaving aside what McIntyre tweeted - and not all Australians would disagree with the notion of "cultification" - there's no doubt he was foolish and reckless. He should have been reprimanded, perhaps even suspended.
But surely not sacked. SBS, it seems, panicked under pressure and sacrificed him to the baying crowd.
As for free speech, what price free speech in a country where challenging a dubious national myth can get you burned at the stake, metaphorically speaking?
McIntyre's Anzac Day tweets: