Australia's commercial broadcasters invested a total of $1.625 billion in Australian content in the 2023-2024 period, according to the Australian Communications and Media Authority's (ACMA) latest report on commercial television program spending.

The expenditure represents 88% of the total programming budget for these broadcasters, underscoring their focus on local productions, with a substantial portion of this investment ($408 million) allocated to trusted news services.

The local content investment was down from $1.67 billion in the previous year, with the reduction in line with a drop in broadcasters total content investment from $1.91 billion $1.84 billion.

The report has been welcomed by commercial TV industry body Free TV, with CEO Bridget Fair, commenting: "Despite challenging economic conditions and increasing competition from global digital platforms, Free TV broadcasters continue to step up and deliver for Australian audiences. Our commitment to local content remains as strong as ever — from trusted news to live sport and entertainment."

"While global streamers sell stories, we tell the stories that matter to Australians — and all for free," she said. "Australians value Australian television and the vital role it plays in our democracy, our culture, and our everyday lives. To keep delivering, we look forward to continuing to work with Government on policy settings that support a sustainable and vibrant industry."