The hotly anticipated changes to Australia’s media ownership laws could be introduced to federal parliament as soon as its first sitting of the year.
The Communications Minister Mitch Fifield has reportedly discussed changes with the major players including Australia’s top media companies and members of his own party and crossbenchers. There had been some concerns that any changes to the laws would affect regional areas and would be voted down by members of the National Party.
Yesterday, Fifield told ABC Radio: “What I don’t want to do is introduce a package into the parliament that won’t have the support of the parliament. I want to make sure … given that there are very open minds across the parliament, that we take the opportunity.”
Fifield agreed that the current laws that don’t allow a media player to own a print, TV and radio operation (known as the “two out of three” law) was out of date and he added that any new laws be “important for regional operators”.
He also agreed that the “reach rule” which forbids a media operator from reaching more than 75 per cent of the population was out of date due to new technologies.
“The reach rule and also the two-out-of-three rule as it’s known are the two that I am particularly looking at, but what I am told and what I hear from various players in media markets is that they want the freedom to configure themselves the way that they best think suits their business,” he said.
Fifield said that the new laws would reflect “the world that we currently live in” as “the media laws we currently have are gradually being rendered redundant by both technology and the choices that gives consumers.”
Culture-leading publisher Highsnobiety continues to evolve its local operations with the appointment of Citizens of Culture as its strategic partner across media operations within Australia. Highsnobiety is a premium global brand dedicated to cultural pioneers, with work spanning across digital platforms, print media, documentaries, cutting edge events, a shopping platform and a full service creative […]
An investigation by British broadcaster ITV has found that Amazon is destroying millions of items in unsold or returned stock. The report specifically focuses on one of the 24 warehouses the company has in the UK. According to ITV News, the destroyed items are largely unused and new, either returned items or those which never […]
Australian fashion brand Witchery has partnered with B Corp GlamCorner as part of GlamCorner’s subscription box offering as the demand for everyday essentials soars. This partnership marks another milestone for the Australian fashion industry towards becoming more circular and introducing more paths to reduce textile waste. Customers nationally will be able to rent more of […]
The media, marketing and creative industries are being encouraged to host their own ‘Curry Club for COVID’ before 30th June to help meet the ambitious $100k target set by its organisers. Curry Club for COVID, which was conceived by long-time adtech executive Peter Bray, sales director at Impact, and is powered by industry social purpose organisation […]
The UnLtd Cup is returning for its tenth consecutive year, marking a decade of soccer shenanigans that’s raised nearly $500,000 for children’s mental health charity, KidsXpress. On July 22-23rd, 28 teams from across the industry will battle it out on the soccer field in the two-day tournament at Sydney University Sports and Fitness Centre, Darlington. […]
Australian-bred company Ultra Commerce has acquired New Zealand-based company Vesta eCommerce, a global software business providing leading product data management solutions. The recent acquisition is a significant move for the business, which is Australian born, owned, and headquartered, but has built out a global presence as it pursues rapid growth in the eCommerce market. Connecting […]
Canteen’s latest campaign features the combined talents of Director Luna Laure and creative agency Crater. The campaign strives to raise awareness for young people affected by cancer. The awareness campaign centres around Harry Barentson, who at 12 years of age found out his pregnant mum had cancer. The campaign aims to bring awareness to Canteen’s […]