Part 3: Capital Measures (Continued)
Broadband, Communications and the Digital Economy
Australian Broadcasting Corporation — Melbourne Accommodation Project
|Australian Broadcasting Corporation||‑||‑1.1||65.6||32.0||‑8.3|
|Related revenue ($m)|
|Australian Broadcasting Corporation||‑||..||‑0.9||‑1.6||‑1.7|
|Related expense ($m)|
|Australian Broadcasting Corporation||‑||1.5||1.5||1.2||‑0.8|
The Government will provide a $90.0 million loan to the Australian Broadcasting Corporation (ABC) to assist with a property consolidation project in Melbourne. The loan will be drawn down over three years from 2013‑14, and repaid in full with interest by June 2021.
The Melbourne Accommodation Project will enable the ABC to rationalise existing property holdings in Melbourne through the sale of some properties and construction of a purpose‑built facility on already‑owned land adjacent to the existing ABC Southbank facility.
Further information can be found in the press release of 2 May 2013 issued by the Minister for Broadband, Communications and the Digital Economy.
Convergence Review — alternative use of Channel A
|Department of Broadband, Communications and the Digital Economy||nfp||nfp||nfp||nfp||nfp|
The Government has decided to extend the allocation of broadcasting services band spectrum previously known as Channel A to community television in each metropolitan market until at least 31 December 2014.
The revenue anticipated to be achieved from the sale of the spectrum in 2012‑13 has been removed from the forward estimates. Revenue estimates relating to the sale of spectrum are 'not for publication' because they may compromise the Government's position with respect to any future sale.
Further information can be found in the press release of 30 November 2012 issued by the Minister for Broadband, Communications and the Digital Economy.
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