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Reading: ABC Makes Bank From The Budget, While SBS Gets Crumbs
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B&T > Media > ABC Makes Bank From The Budget, While SBS Gets Crumbs
Media

ABC Makes Bank From The Budget, While SBS Gets Crumbs

Staff Writers
Published on: 26th October 2022 at 12:47 PM
Edited by Staff Writers
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2 Min Read
Featured image source: iStock/kokkai
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The ABC is set to receive millions from the federal government, but SBS didn’t get the same windfall.

The federal government has moved to reverse Coalition cuts, meaning ABC workers should be pleased. Ita Buttrose might be tempted to pop the champagne.

Basically, the government is reintroducing annual indexation to public broadcasters.  It was famously cut when the Liberal government was in power. Interestingly, there’s been no talk of SBS being given new budget measures.

However, important to note ABC’s extra money is to help bolster the government-funded network after previous budget cuts.

The ABC will see an extra $20 million thrown their way over the next four years.  According to The Australian, the budget papers have also revealed that government revenue to ABC will increase by 37.1 million.

The extra money will surely come in handy, considering ABC has already started its big relocation move from the inner city of Sydney to Parramatta.

A statement by SBS reads: “SBS welcomes the funding announcement from the Federal Government as part of the Federal Budget, maintaining current levels of funding and providing certainty for SBS as we continue to deliver essential and evolving services to meet the needs of communities.”

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TAGGED: ABC, SBS
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By Mary Madigan
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Mary Madigan began her career working for ex-Vogue editor and chief Kirstie Clements and has since done everything from PR to tutoring at The University Of Notre Dame. Mary Madigan was a journalist at B&T until 2022.

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