By LAURIE PATTON | 20 June 2018
The ABC earns around $100 million a year from its commercial activities (mainly ABC shops). Its annual operating budget is more than a billion dollars. The organisation would not exist without the triennial funding provided by taxpayers. You can’t privatise a business that doesn’t make a profit.
Ironically, while the ABC-haters with their ideological objections to public broadcasting would like to see it privatised, there would be little or no appetite from the commercial television sector for starters.
Continue reading “ABC — you can’t privatise an organisation that doesn’t make a profit!”