Australian commercial TV’s contribution to national GDP has lifted by 5% since 2019
A new report by Deloitte Access Economics reveals Australian commercial TV – an industry that employs 16,200 full-time employees – contributes $2.5 billion to the nation’s GDP – an increase of 5% since 2019.
The report, titled “Everybody Gets It: Revaluing the Economic and Social Benefits of Commercial TV in Australia (Second Edition)”, was commissioned by Free TV and conducted by Deloitte Access Economics.
Headline brought me in (Australian commercial TV boosts national GDP by 5% since 2019) but I can’t seem to find the corresponding data in the article – in 2019 Australian national GDP was about US$1.4trillion… a 5% boost of that (as per the headline) would be about US$70bn… or about AU$94bn. Can you point to where this $94bn (or similar) is?
That headline has been updated to: “Australian commercial TV’s contribution to national GDP has lifted by 5% since 2019”. Thanks.