The ABC’s latest annual report, tabled in parliament on Friday, reveals the public broadcaster spent $22 million to pay out exiting staff.
Redundancy costs at the ABC leapt fivefold in the past year to more than $22 million, as the organisation went through a major restructure aimed at boosting audiences and making better shows.
In the 2022 financial year, the ABC paid out $4.3 million in redundancies. In 2023, it paid out $22.2 million.Redundancies were flagged in the restructure announced in May, which split the public broadcaster into a news division, led by Justin Stevens, and a content division, led by Chris Oliver-Taylor. ABC managing director David Anderson announced that
News audiences spiked during COVID-19, when daily press conferences, case numbers and restrictions meant media outlets experienced record high readership.
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