BUDGET – AUSTRALASIA

Big business says Chalmers must reign in welfare for the wealthy

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Original article by John Kehoe
The Australian Financial Review – Page: 4 : 21-Apr-26

The Business Council of Australia has used its pre-budget submission to urge the federal government to cap real spending growth at per cent a year. Government spending currently comprises nearly 27 per cent of GDP – its highest level in four decades excluding the pandemic – and the BCA warns that it will reach a record high within a decade if action is not taken. The BCA notes that untargeted government spending that supports wealthy Australians and middle-income earners is increasing, while more targeted income support payments for the unemploy and people on the age pension are declining.

CORPORATES
BUSINESS COUNCIL OF AUSTRALIA

ABC digital users plummet – but the money keeps coming

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Original article by Sophie Elsworth
The Australian – Page: 13 : 10-May-23

The ABC had 17 million weekly active digital users in 2021-22, and the budget papers show that it had a target of 18.3 million active users for 2022-23. However, the public broadcaster is now expected to boast just 13.4 million active digital users in the current financial year. In contrast, SBS is expected to have 13.1 million digital registrations in 2022-23, well ahead of its target of 11.6 million. Meanwhile, the federal government will allocate additional funding in 2023-24 to ensure improved access to broadcasting services for Indigenous people in remote communities.

CORPORATES
AUSTRALIAN BROADCASTING CORPORATION, SPECIAL BROADCASTING SERVICE (SBS)