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The Guardian - AU
The Guardian - AU
Business
Paul Karp Chief political correspondent

ABC to receive $83m boost in funding amid Labor’s mid year economic update

The Australia Broadcasting Corporation logo on a window
The ABC will receive an additional $83.1m over two years from 2026-27, and extra ongoing funding of $43m a year. Photograph: Tracey Nearmy/AAP

The Australian Broadcasting Corporation will receive a two-year $83m funding boost in Labor’s mid year economic update, which will bank $14.6bn of additional savings and rack up $8.8bn of “unavoidable spending”.

The update, to be delivered on Wednesday, will also reveal an increase of $16.3bn in payments and programs, with billions more spent due to pension indexation, extra childcare subsidies and school support for children with disability.

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