1 00:00:00,480 --> 00:00:04,480 Speaker 1: There's a call for a levee on gambling. Two percent 2 00:00:04,680 --> 00:00:09,720 Speaker 1: on gambling revenue could replace gambling ads on free to 3 00:00:09,800 --> 00:00:15,880 Speaker 1: wear advertising. Let's have a chat with Stephen Long, senior 4 00:00:15,920 --> 00:00:20,480 Speaker 1: fellow at the Australian Institute on this. Stephen, good morning, gooday, Matthew. 5 00:00:20,800 --> 00:00:23,360 Speaker 1: So how would this work? So two percent based on 6 00:00:23,480 --> 00:00:24,160 Speaker 1: what the take. 7 00:00:25,720 --> 00:00:30,080 Speaker 2: So it's based on the latest figures we've been able 8 00:00:30,120 --> 00:00:34,839 Speaker 2: to get official statistics about gambling revenue, which was just 9 00:00:34,960 --> 00:00:38,800 Speaker 2: over seventeen billion. Now that may be an underestimate. The 10 00:00:39,120 --> 00:00:43,839 Speaker 2: industry spent about two hundred and thirty nine million on 11 00:00:44,000 --> 00:00:48,960 Speaker 2: advertising on the latest figures that are available. So if 12 00:00:49,000 --> 00:00:51,040 Speaker 2: you do the simple mass, you could put a one 13 00:00:51,080 --> 00:00:57,600 Speaker 2: point four percent levee on the industry's revenue and you 14 00:00:57,600 --> 00:01:01,040 Speaker 2: could replace for all the Free toware network all the 15 00:01:01,080 --> 00:01:03,320 Speaker 2: money that they've lost in advertising. Now we know the 16 00:01:03,360 --> 00:01:10,959 Speaker 2: government's main objection to banning ads for gambling companies on 17 00:01:11,120 --> 00:01:14,959 Speaker 2: free to wear isn't that they like the gambling companies 18 00:01:15,040 --> 00:01:18,160 Speaker 2: or they want to see more advertising to people with 19 00:01:18,280 --> 00:01:22,000 Speaker 2: high rates of addiction and children. It's that the free 20 00:01:22,040 --> 00:01:24,399 Speaker 2: to wear networks will suffer. So this is an easy 21 00:01:24,400 --> 00:01:27,199 Speaker 2: remedy in fact, it's more than a win win because 22 00:01:27,240 --> 00:01:31,200 Speaker 2: you could not only replace that lost revenue, you could 23 00:01:31,240 --> 00:01:35,480 Speaker 2: actually then would then have the networks in a position 24 00:01:35,480 --> 00:01:38,919 Speaker 2: where they could sell the advertising slots and make more money. 25 00:01:39,440 --> 00:01:42,200 Speaker 2: And the two percent, well, we rounded it up from 26 00:01:42,200 --> 00:01:44,800 Speaker 2: the one point four percent you need to replace all 27 00:01:44,880 --> 00:01:48,240 Speaker 2: that lost advertising revenue and said, well you could give 28 00:01:48,280 --> 00:01:51,000 Speaker 2: a bit more to the ABC as well, because they're 29 00:01:51,040 --> 00:01:54,200 Speaker 2: complaining that their budget's thin cut. So one point four 30 00:01:54,240 --> 00:01:57,000 Speaker 2: percent two percent, however you slice and diced, it's a 31 00:01:57,160 --> 00:01:58,720 Speaker 2: very very small percentage. 32 00:01:58,840 --> 00:02:00,680 Speaker 1: I think the ABC's got to act of money when 33 00:02:00,680 --> 00:02:04,120 Speaker 1: they can send breakfast announcers from Adelaide to Paris. But 34 00:02:04,240 --> 00:02:06,920 Speaker 1: that's a story for another time. But I mean, you'd 35 00:02:06,920 --> 00:02:08,960 Speaker 1: put it into health, wouldn't you all other places? 36 00:02:09,880 --> 00:02:13,280 Speaker 2: Well exactly, you know, there's lots of different ways you 37 00:02:13,320 --> 00:02:18,440 Speaker 2: could slice this up, but the principle remains the same 38 00:02:18,520 --> 00:02:22,160 Speaker 2: that a very very small revenue, a very very small 39 00:02:22,280 --> 00:02:27,280 Speaker 2: levy on gambling industry money could basically mean you solve 40 00:02:27,360 --> 00:02:30,000 Speaker 2: the problem that the government is perceiving as a barrier, 41 00:02:30,720 --> 00:02:33,960 Speaker 2: which is that you know that in this day of 42 00:02:34,120 --> 00:02:37,359 Speaker 2: fragmenting media audiences, then we need to give a leg 43 00:02:37,440 --> 00:02:39,800 Speaker 2: up to the free toware networks. That's that's that's the 44 00:02:39,880 --> 00:02:40,880 Speaker 2: view that's put. 45 00:02:41,480 --> 00:02:43,720 Speaker 1: I don't know that anyone would mind. You know, once 46 00:02:43,760 --> 00:02:47,880 Speaker 1: they lose money in gambling, what happens to that money. 47 00:02:47,919 --> 00:02:49,680 Speaker 1: So if money of two percent was taken out to 48 00:02:51,200 --> 00:02:53,639 Speaker 1: be used in the way you suggest, well, win win, 49 00:02:53,720 --> 00:02:55,480 Speaker 1: isn't it. 50 00:02:55,480 --> 00:02:58,519 Speaker 2: It is a win win. The only people who possibly 51 00:02:58,560 --> 00:03:03,480 Speaker 2: lose out of this the executives and shareholders of the 52 00:03:03,520 --> 00:03:07,000 Speaker 2: gambling companies. It's a win win for the media, it's 53 00:03:07,000 --> 00:03:10,880 Speaker 2: a win for the public in terms of the enormous 54 00:03:10,880 --> 00:03:14,040 Speaker 2: cost of society. I don't know what you've experienced, but 55 00:03:14,240 --> 00:03:18,080 Speaker 2: my son said that his school just about all the 56 00:03:18,200 --> 00:03:22,400 Speaker 2: kids we're watching these ads when they watch the footy 57 00:03:22,919 --> 00:03:26,560 Speaker 2: or watch programs around it and putting on bets on 58 00:03:26,720 --> 00:03:29,280 Speaker 2: these multis and things that are high risk. And I 59 00:03:29,320 --> 00:03:32,480 Speaker 2: love the way they sell it bigger odds. Bigger odds 60 00:03:32,520 --> 00:03:36,080 Speaker 2: means you're more likely to lose, but that's not necessarily 61 00:03:36,120 --> 00:03:38,800 Speaker 2: the way it translates in the minds of the teenagers 62 00:03:38,840 --> 00:03:39,640 Speaker 2: who are getting. 63 00:03:39,360 --> 00:03:42,000 Speaker 1: Sucked into the Are teenagers allowed to play bets? 64 00:03:43,240 --> 00:03:46,440 Speaker 2: Well, you know, the thing is, how easy is it 65 00:03:46,480 --> 00:03:50,560 Speaker 2: to regulate when we've got online apps these days, it's 66 00:03:50,680 --> 00:03:55,560 Speaker 2: not we know that there's huge estimated harms from gambling. 67 00:03:56,680 --> 00:04:00,000 Speaker 2: The barrier, the only barrier that's been raised in Parliament 68 00:04:00,080 --> 00:04:04,280 Speaker 2: and Canberra from anyone on any side of politics to 69 00:04:04,360 --> 00:04:09,040 Speaker 2: this is well, the free towar and media networks can't 70 00:04:09,040 --> 00:04:11,960 Speaker 2: afford to lose the money. So here's the simple remedy. 71 00:04:12,320 --> 00:04:14,720 Speaker 1: Can we take it off social media as well? Would 72 00:04:14,760 --> 00:04:16,880 Speaker 1: that work? Take the ads on? Yeah? 73 00:04:17,080 --> 00:04:21,080 Speaker 2: Yep, same, yes, yes, for sure. 74 00:04:21,360 --> 00:04:24,000 Speaker 1: Okay, because you know they are prolific. It doesn't matter 75 00:04:24,000 --> 00:04:28,560 Speaker 1: whether you're watching a footy show or just scrolling through 76 00:04:28,560 --> 00:04:31,120 Speaker 1: your phone. They are there and they're constant. 77 00:04:32,360 --> 00:04:37,279 Speaker 2: Yeah, that's right, they and they work. They're not advertising 78 00:04:37,520 --> 00:04:41,880 Speaker 2: as a charity to media businesses. They're advertising because guess 79 00:04:41,960 --> 00:04:44,520 Speaker 2: what it works. It gets people in and makes money 80 00:04:44,600 --> 00:04:49,719 Speaker 2: for the gambling businesses and takes money that people would 81 00:04:49,760 --> 00:04:54,360 Speaker 2: otherwise be spending on their families. What about useful things. 82 00:04:54,240 --> 00:04:56,159 Speaker 1: Non free toware Would you like to see it taken 83 00:04:56,160 --> 00:04:58,039 Speaker 1: off pay TV? 84 00:04:59,640 --> 00:05:04,839 Speaker 2: Look, that's the reason we've structured it the way we have, Matthew, 85 00:05:04,839 --> 00:05:07,120 Speaker 2: And the reason why I thought about it in the 86 00:05:07,160 --> 00:05:10,160 Speaker 2: way that I did with this is that the problem 87 00:05:10,200 --> 00:05:15,039 Speaker 2: that's been identified as the stumbling block to actually banning 88 00:05:15,080 --> 00:05:20,320 Speaker 2: advertising is that the freeoware TV networks and radio networks 89 00:05:20,440 --> 00:05:23,320 Speaker 2: need the money, and so we were looking to solve 90 00:05:23,320 --> 00:05:26,839 Speaker 2: that problem. In principle, there's no reason why you couldn't 91 00:05:26,920 --> 00:05:30,720 Speaker 2: extend it, but we're addressing the barrier that the politicians 92 00:05:30,720 --> 00:05:31,280 Speaker 2: have put up. 93 00:05:31,880 --> 00:05:33,839 Speaker 1: Okay, all right, we'll see where it goes, Steven, So 94 00:05:34,600 --> 00:05:36,080 Speaker 1: you've put this into the federal government. 95 00:05:37,720 --> 00:05:42,640 Speaker 2: We've released it today. There's already discussion going on amongst 96 00:05:42,920 --> 00:05:47,200 Speaker 2: various members of Parliament. We know that, so we'll see 97 00:05:47,200 --> 00:05:50,240 Speaker 2: how it goes. But certainly, the only thing the government 98 00:05:50,279 --> 00:05:54,000 Speaker 2: has said as to why it can't ban advertising outright 99 00:05:54,560 --> 00:05:58,240 Speaker 2: on these on TV, free toware TV and radio is 100 00:05:58,760 --> 00:06:03,039 Speaker 2: the objection about the loss revenue. And this way it's 101 00:06:03,120 --> 00:06:05,599 Speaker 2: more than a win win, it's actually a revenue bonanza 102 00:06:05,760 --> 00:06:09,280 Speaker 2: for the media companies. Maybe we could get a bit 103 00:06:09,320 --> 00:06:11,880 Speaker 2: more Australian content made in return. 104 00:06:12,480 --> 00:06:16,320 Speaker 1: Alrighty, Stephen, appreciate your time. Thank you, no worries. Stephen Long, 105 00:06:16,400 --> 00:06:21,040 Speaker 1: Senior Fellow Australian Institute on the Australia Institute on taking 106 00:06:21,120 --> 00:06:25,680 Speaker 1: a two percent cut out of revenue, that is lost 107 00:06:25,720 --> 00:06:30,000 Speaker 1: to gambling and used to replace ads on Freedom Wear TV. 108 00:06:30,240 --> 00:06:32,919 Speaker 1: Not a bad idea, there are too many. There's no 109 00:06:32,960 --> 00:06:33,719 Speaker 1: doubt about that