Labor increases ABC funding and moves to legislate five-year financing terms

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Labor increases ABC funding and moves to legislate five-year financing terms

^{Published on 2024-12-16 07:20:55 - MSN}

In addition to increasing funding for the ABC, Labor says it will seek to legislate five-year funding terms for the ABC and SBS to help prevent "political interference".

The Australian Labor government has announced an increase in funding for the Australian Broadcasting Corporation (ABC) and plans to legislate five-year funding terms to provide the broadcaster with greater financial stability. This decision comes after years of funding cuts under the previous Coalition government, which had left the ABC with a reduced budget and operational challenges. The new funding model aims to ensure that the ABC can plan and invest in long-term projects, enhance its digital capabilities, and maintain its role as a key public broadcaster. The move is part of Labor's broader commitment to support public media and counteract the effects of previous budget constraints.

Read the Full MSN Article at:
[ https://www.msn.com/en-au/politics/government/labor-increases-abc-funding-and-moves-to-legislate-five-year-financing-terms/ar-AA1vWDQI ]

N@N

Labor increases ABC funding and moves to legislate five-year financing terms