ABC Makes Bank From The Budget, While SBS Gets Crumbs

Sydney, Australia - March 24, 2015: People entering and leaving the Australian Broadcasting Corporation (ABC) Centre in Ultimo.
B&T Magazine
Edited by B&T Magazine



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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