Budget 2018

Budget 2018: Funding freeze for ABC, boost for SBS

Source: SBS News

Budget 2018: The Turnbull government has announced a funding freeze for the ABC but a boost for the Special Broadcasting Service.

More on Budget 2018: 

The multicultural broadcaster SBS will get $14.6 million funding over two years from 2018-19.

The funding will be over two years for SBS to replace revenue that could not be raised by changes to its advertising regime, and $3 million to support the development of Australian film and television content via the Department of Communications and the Arts.

However, the ABC will have the indexation of its operational funding paused, in what the government says will help it “find back-office efficiencies”.

This will result in savings of $83 million over three years from 2019-20 to 2021-22.

“This will maintain the ABC’s base operational funding at 2018-19 levels, resulting in $3.16 billion in Government funding over the 2019-20 to 2021-22 period,” the Budget papers state.


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