The proposal has three components related to the media sector.

• Component 1: Reverse the following measures as they relate to the Australian Broadcasting Corporation (ABC):
  • the 2014-15 Budget measure Australian Broadcasting Corporation and Special Broadcasting Service Corporation — efficiency savings
  • the 2014-15 Mid-Year Economic and Fiscal Outlook (MYEFO) measure Australian Broadcasting Corporation and Special Broadcasting Service — additional efficiency savings
  • the indexation pause of operational funding for the ABC in the 2018-19 Budget measure Funding for Australian Film and Television Content and the National Broadcasters
• Component 2: Reduce commercial advertising on the Special Broadcasting Service (SBS) including:
  • phase out in-program commercial advertising (sponsored editorial content, live sporting odds, commercial on-screen graphics and references to commercial sponsors) evenly over four years.
  • reduce the amount of program break commercial advertisements allowed from five minutes to one minute per hour from 1 July 2019
  • provide an additional 10 per cent loading to the SBS operational funding to account for the additional programming required to replace advertising content from 1 July 2019.
• Component 3: Support First Nations Media by:
  • increasing dedicated funding for Indigenous media and broadcasting to $30 million per year, indexed annually to the consumer price index (CPI)
  • providing resources required to establish a separate broadcaster licence category for Indigenous broadcasting, and make necessary changes to spectrum allocation and codes of practices.

The proposal would have effect from 1 July 2019.