Licensing Fee Drop Gets Labor Support

Staff Writer

Federal Communications Minister Mitch Fifield talked about his push to have Commercial Licensing Fees reduced in the 2016/17 Federal Budget – that appears to have got a boost from Labor.

They have signalled they will support legislation as it passes through parliament, reducing licensing fees for both commercial television and radio by 25 per cent.

While based on a percentage of revenue from operators, the reduction it is expected to cost to government of $163 million over four years.

But as Joan Warner quick to mention once Mitch left the National Radio Conference on Friday, the slice of the reduction for radio is super small compared to Television’s gain in licensing fees being reduced.

Any drop will make those balance sheets look that little bit nicer.

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