Laws
The Australian Government legislated specific controls over the ownership of broadcasting on television and radio in the Broadcasting Services Act 1992. These effectively prohibit ownership of more than one television station or two radio stations in a given market. The Commonwealth's legislative reach over print media ownership is largely limited to general competition law such as the Trade Practices Act 1974.
On 14 March 2005, the Australian Government announced proposals to amend the current media ownership laws.
Read more about this topic: Media Ownership In Australia
Famous quotes containing the word laws:
“So far as laws and institutions avail, men should have equality of opportunity for happiness; that is, of education, wealth, power. These make happiness secure. An equal diffusion of happiness so far as laws and institutions avail.”
—Rutherford Birchard Hayes (1822–1893)
“Kings have many ears and many eyes.... They have ears that listen a hundred miles from them; they have eyes that espy out more things than men would think. Wherefore, it is wisdom for subjects not only to keep their princes’ laws and ordinances in the face of the world but also privily ... for conscience sake.”
—Desiderius Erasmus (c. 1466–1536)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)