Government weighing up broadcasters’ revenue fees

Original article by Max Mason
The Australian Financial Review – Page: 25 : 6-Apr-16

Australia’s Communications Minister Mitch Fifield agrees that there is a need for changes to TV and radio broadcasting licence fees. However, Fifield has downplayed suggestions that a reduction in licence fees could be included in the May 2016 Budget, noting the Federal Government’s "constrained fiscal circumstances". TV networks have lobbied for the licence fee to be scrapped or reduced to just one per cent of revenue, but Fraser McLeish of Credit Suisse expects the fee to be reduced progressively over several years.

CORPORATES
AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, CREDIT SUISSE (AUSTRALIA) LIMITED, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

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