SBS Statement regarding 2018 Federal Budget

8 May 2018


SBS thanks the Federal Government for the $14.6 million in funding provided over two years from 2018-19 to the organisation in the Budget.

This funding relates to the funding reduction SBS received in 2015 when it was expected that the SBS Advertising Flexibility Bill would give the organisation the opportunity to generate further additional own-source revenue, which has now been withdrawn.
SBS has no comment regarding the review that has been announced.  We will examine the terms of reference for the review when they are released and will make further comment at that point.