Is racial/religious 'tagging' really necessary?

WTF?

The reason that in this article two individuals are referred to as:

• "Persian-Australian property developer", and

• "89-year-old Russian-Jewish real estate developer"

is done why precisely? What is the ABC thinking? Do they think it's reasonable, in this day and age, to still use racial and religious 'tagging'?

Isn't it more appropriate to simply use their names? Which are, respectively:

• Mr Soheil Abedian (Sunland Group)

• Mr Harry Triguboff (Meriton)

buggered if I know :-|