Question 1

What specific regulatory changes should media executives prepare for?

Accepted Answer

The government is targeting the repeal of the 75% audience reach rule and the '2 out of 3' cross-media ownership rule. These changes will remove long-standing barriers to scale and are expected to trigger a significant wave of industry M&A.

Question 2

Is there a realistic path to lower broadcast license fees?

Accepted Answer

Australian FTA license fees currently stand at 4.5%, which is vastly higher than the 0.18% paid in the UK and 0.06% in the US. A separate departmental review is being utilized to de-politicise the issue, making a fee reduction highly probable in the near term.

Question 3

Will the change in leadership impact the NBN rollout or strategy?

Accepted Answer

The fundamental NBN strategy is unlikely to change, as the government maintains its current multi-technology mix. However, the broader policy focus is shifting toward digital transformation, supported by A$4bn in incentives outlined in the new Coalition Agreement.

Question 4

How will the government support the broader digital and innovation economy?

Accepted Answer

Policy is pivoting toward structural support for the tech sector, including simplified regulations for crowd-funding and increased investment in STEM education. This is part of a wider effort to transition the economy through digital transformation and innovation-led growth.

Turnbull takes the reins

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