Summary

Amends the

to: enable the Australian Communications and Media Authority (ACMA) to make a grant of financial assistance to a publisher of a newspaper, magazine or other periodical, or a content service provider; provide that the ACMA may only make a grant of financial assistance in the three financial years commencing on 1 July 2018, with the total amount of financial assistance not exceeding $50 100 000; require the ACMA to enter into an agreement with the recipient setting out the terms and conditions of the grant; enable the minister to establish an advisory committee to advise the ACMA in relation to the exercise of its powers to make grants of financial assistance; and provide for annual reporting requirements.