Part 1: Revenue Measures (Continued)
Broadband, Communications and the Digital Economy
Broadcast licence fees — permanent reduction
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The Government has permanently reduced television licence fees for commercial broadcasters by 50 per cent, effective from the 2012‑13 financial year. This measure is estimated to have a cost to revenue of $615.0 million over the forward estimates period. Funding for this measure was included as a 'decision taken but not yet announced' in the Mid‑Year Economic and Fiscal Outlook 2012‑13.
This measure forms part of the Government's response to the Final Report of the Convergence Review.
Further information can be found in the press releases of 30 November 2012 and 12 March 2013 issued by the Minister for Broadband, Communications and the Digital Economy.
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