Support Australia's national broadcasters, including $6.0 billion for the Australian Broadcasting Corporation (ABC) and $1.8 billion for the Special Broadcasting Service (SBS).
The Government will provide $7.7 billion over 5 years from 2023-24 to support Australia's national broadcasters, including $6.0 billion for the Australian Broadcasting Corporation (ABC) and $1.8 billion for the Special Broadcasting Service (SBS). Funding includes:
* $7.6 billion over 5 years from 2023-24 for base operational funding for the ABC and SBS, determined on a 5 year rolling basis from 2023-24 for the operation of television, radio and digital media services
* $52.4 million over 3 years from 2025-26 for the ABC to continue to support local news and current affairs services
* $45.0 million over 4 years from 2024-25 for SBS to continue the availability of news and content for Chinese and Arabic speaking communities in Australia. Partial funding for this measure for base operational funding for the ABC and SBS has already been provided for by the Government. This measure builds on the 2022-23 October Budget measure titled Better Funded National Broadcasters.