It’s fairly obvious, even to the casual observer, that the taxpayer funded ABC is completely out of control.
I know there is talk about selling it, but I seriously doubt there would be anyone who’d be interested in acquiring it (mind you, what a laugh it would be if News Ltd bought’em!)
Given the ABC completely disregards its commitment to “deliver content with integrity, diligence and transparency and to act in the interests of citizens” the Abbott Gov’t should put the ABC on a one way path to full privatisation.
According to the ABC’s 2013 annual report, the ABC was allocated $1,030.2 million in the May 2012 Federal Budget and $12.1 million in the 2012–13 Additional Estimates process, totalling $1,042.3 million for the 2012–13 year (The May 2013 Federal Budget maintained the ABC’s funding base, provided a $90 million loan from government over three years to assist with the cash flow requirements of the Melbourne Accommodation Project, and provided additional funding for journalism, digital content delivery, increased digital television coverage, and ANZAC Centenary programming.)
Surprisingly, the ABC also received $158.2 million from other sources, including ABC Commercial.
So here’s what I’d do going forward. As I’m a rather generous person, I’d cut the ABC’s 2014-2015 gov’t funding allocation by 10% from $1,042.3 million to $938.07 million and keep reducing the ABC’s taxpayer funded allocation each year by 10% (if the Gov’t have to amend the ABC Act to allow the ABC to advertise then they should do this ASAP).
So when we hit the 2024 – 2025 financial year, the ABC will be 100% privately funded and then they can do and say whatever the hell they like.
No wonder Fairfax Media is going broke…70% of SMH readers polled think the ABC is “an excellent and essential service, they deserve more funding.”
Those bed wetters over at ShutUp! GetUp! have put up a petition to “Save the ABC.”
Their argument that the ABC needs to be saved…”free to remain fair and balanced.”
Foxtrot me dead…
Feel free to tell us your thoughts.
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