Dr Mumbo

Hadley’s billions

Dr Mumbo was pleased to see ABC managing director Mark Scott tweet that his budget problems had been solved this morning.

Although to be honest he was a little surprised to see that it was 2GB radio shock jock Ray Hadley who had solved the problem of how to fund the $308m in cuts, over five years, being imposed by the government.

The ABC head honcho tweeted:
Screen Shot 2014-11-21 at 9.03.19 am

Where did the $4bn come from –  was it down the back of the At the Movies set as they were packing it up?

Actually it was Ray’s Daily Telegraph column which reports that the ABC gets $5.2bn while SBS gets a further $1.3bn a year. Yes per year.Screen Shot 2014-11-21 at 9.13.19 am

The ABC budget, prior to the cuts and including transmission costs remains at $1.1bn. While SBS has a budget of $400m, but Dr Mumbo wonders what the organisations would do if they suddenly found their budgets quadrupled?


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