The Albanese Government continues to back free-to-air television and radio to ensure Australians can be informed and entertained by the programs they love.

Delivered through this year’s Federal Budget, the Commercial Broadcasting Tax will be suspended for a further two years, delivering an estimated $111.3 million in savings for the sector.

The suspension acknowledges commercial television and radio broadcasters face financial pressures in a changing media landscape.

This is part of the Government’s work to help the industry build resilience and keep pace with changing digital technologies and deliver outcomes that are in the interest of the Australian public.

All commercial television and radio broadcasters will receive a 100% rebate of CBT liabilities until 8 June 2028.

The suspension will be administered by the Australian Communications and Media Authority.

Previously the Albanese Government suspended the CBT for one year as part of the Mid-Year Economic and Fiscal Outlook 2024-25, saving broadcasters an estimated $50.3 million.

Quotes attributable to Minister for Communications, Anika Wells:

“Australians rely on credible journalism. Investment in journalism is critical to a healthy democracy. It matters.

“Commercial free-to-air TV and radio play a vital role in keeping Australians informed and entertained, and provide a platform for local voices and stories.

“Suspending the Commercial Broadcasting Tax is another way the Albanese Government is backing Australian media. It follows the release of draft legislation to establish the News Bargaining Incentive, along with applications opening for the $31.5 million News Innovation Fund.

“Extending the suspension of the Commercial Broadcasting Tax for another two years will help ease the financial pressures facing the sector in today’s challenging and changing environment.

“We are continuing to work with industry to ensure free-to-air television and radio has a bright future.”