Investigating a sustainable future for public interest journalism

Search

Other Research

Public Interest Journalism Tax Rebate

September 6, 2020

Share This Post

PIJI’s program of research into taxation to encourage investment in public interest journalism suggests that a tax incentive scheme is worth serious consideration. The following guidebook and research report investigate an industry rebate scheme, specific to news producers.

Guidebook to implement and claim a public interest journalism tax rebate

September 2020

This book provides guidance on activities and eligibility criteria for claiming a Public Interest Journalism Tax Rebate, and serves as a model for policymakers in designing such a scheme.

Research conducted in late 2019 for PIJI suggested that an R&D-style tax rebate for public interest journalism could have a significant positive investment impact.

Conservative analysis suggests a benefit-cost ratio of up to 1.90, and as much as $356m additional benefit.

This guidebook is the extension to that initial investigation, and provides guidance on the types of activities and eligibility criteria for a Public Interest Journalism Tax Rebate, and serves as a model for policymakers in designing a scheme.

This paper is the result of work by a task force comprising journalists and journalism academics:

  • Dr Margaret Simons, Honorary Principal Fellow, Centre for Advancing Journalism, University of Melbourne
  • David Pearce, Executive Director, Centre for International Economics
  • Eddie Ahn, Partner, DLA Piper
  • Gabrielle Hedge, Solicitor, DLA Piper

Tax concessions for Public Interest Journalism

November 2019

This report considers the economic modeling of a tax rebate scheme for additional public interest journalism.

This report, Tax concessions for public interest journalism, finds that:

  • conservative analysis suggests an R&D-style tax rebate for public interest journalism could have a benefit cost ratio of between 0.97 and 1.90;
  • modelling suggests a 50% tax rebate (the highest scenario) could deliver up to $711 million in public benefit, at a $375 million cost to taxpayers,*and
  • a 25% tax rebate could deliver up to $356 million in public benefit at a $188 cost

*Costings to taxpayers include gross value, compliance and administration
costs.

This report was prepared for PIJI by:

  • David Pearce, Executive Director, Centre for International Economics

Citations: Centre for International Economics 2019. Tax Concessions for Public Interest Journalism.

Media Enquiries:

For any media inquiries or comment please contact:

Related Articles:

Australian News Sampling Project: 2023 Report

16/04/2024

The Socio-economic Determinants of Public Interest Journalism in Australia: report

23/01/2024

Philanthropic Giving For Journalism

06/09/2021

Community Value Surveys

14/10/2020

The Nature of the Editorial Deficit

14/11/2019