Free TV calls on ACCC to provide tax offsets for journalism production
Free TV Australia has welcomed the Australian Competition and Consumer Commission (ACCC)’s plans to introduce tax offsets for newsrooms in Australia, to ensure media businesses can invest in premium content.
The submission, sent to the ACCC following its Digital Platforms Inquiry Preliminary Report, welcomes a call for tax breaks in newsrooms, similar to those implemented by the Canadian Government.
Free TV has provided the ACCC with a number of recommendations, including tax-offsets for expenses relating to journalism
The ACCC needs to focus on other important issues instead of worrying about more handouts to over spending television networks. The free to air players, who were recently gifted millions of dollars in lincence fees cuts, chose to spend hundreds of millions on racing, tennis and cricket rights. So much for producing quality content!
The Australian public would prefer the ACCC to crack down on the roller coaster prices in the petrol, airlines, banking and supermarket industries. The ACCC should reject this greedy cash grab and fight for everyday battlers.
Absolutely agree, I think Free to Air television will be history in five years, may as well sell the spectrum to the Telcos.