The ABC has ceased its commercial agreements with industry superannuation fund backed The New Daily.
In an announcement, Liberal Senator for New South Wales Andrew Bragg said he was “very pleased” the arrangement had been terminated and that it had been a “reputational nightmare” for the ABC and “never should have been signed”.
“The New Daily is a propaganda arm of big super, financed by workers’ superannuation guarantee contributions. This sort of largesse will be illegal if our proposed Your Future Your Super bill passes the Senate,” he said.
“Why anyone at the ABC thought it was a good idea to get into business with superannuation lobbyists is beyond reason. Credit where credit is due and I thank the ABC for ending this dreadful deal.
“Had it not been terminated by the ABC, I would have introduced a private Senators’ bill to amend the ABC Act to prohibit the ABC doing business with lobbyists.
“I thank the Senate for passing a motion in November 2020 which has helped bring about this outcome.”
According to the Sydney Morning Herald, industry sources said The New Daily paid the ABC under $50,000 a year for use of its articles and videos. The agreement would allow The New Daily to access breaking news coverage from around the country and the News in 90 Seconds video content.