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ABC and SBS partnerships, tax breaks among recommendations to ensure regional newspapers' future

 Tax breaks and fostering partnerships between the ABC and SBS have been listed among key recommendations by a federal parliamentary committee to ensure the survival of regional newspapers.

The Future of Regional Newspapers in a Digital World report outlined publishers' struggles to remain competitive as they battled revenue loss, stifling media ownership laws, rising costs and an inability to retain talented journalists.

Among 12 recommendations, it suggested a tax rebate for regional businesses that supported local newspapers through advertising, and for government departments to spend a minimum of 20 per cent of their print advertising budget in regional newspapers.

Read More: https://www.abc.net.au/news/2022-03-24/regional-newspapers-and-the-future/100935202



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