In short:
Federal government funding for the ABC will lift by more than $40 million a year from 2026-27.
Funding for the ABC and SBS will be decided for five years at a time, rather than three, to help prevent ‘political interference’ within the broadcasters.
What’s next?
- Laws to cement the new five-year funding deal still need to be drafted and consulted on, making it unlikely they could be acted on before the next federal election.
This all seems like a good thing.