InDaily InDaily

Support independent Journalism Donate Subscribe
Support independent journalism


Media ownership shake-up on the cards


Federal cabinet has given the nod to a shake-up of media ownership laws.

Comments Print article

The “two-out-of-three rule” will be scrapped allowing media outlets to own radio, TV stations and newspapers in a single market, the ABC reports.

The changes could result in News Corp merging with the Ten Network and Fairfax and Nine Network joining.

Cabinet has also ticked off on abolishing the “reach rule” which prevents one media company from broadcasting to more than 75 per cent of the nation.

“I’m aiming to not let the grass grow on media reform,” Communications Minister Mitch Fifield told ABC Radio.

The draft legislation is expected to go to the coalition party room on March 15.

“There is the opportunity to bring Australia’s media laws into the 21st century to make sure that they reflect not the analogue world, but to capture and cater for the world that we live in today,” Fifield said.

Labor’s communications spokesman Jason Clare said the opposition supported ending the “reach rule” but removing the “two-out-of-three rule” was more controversial.


Make a comment View comment guidelines

Make your contribution to independent news

A donation of any size to InDaily goes directly to helping our journalists uncover the facts. South Australia needs more than one voice to guide it forward, and we’d truly appreciate your contribution. Please click below to donate to InDaily.

Donate here
Powered by PressPatron


Show comments Hide comments
Will my comment be published? Read the guidelines.

More Business stories

Loading next article