SRG have rise and fall clauses in a lot of their contracts. They're not doing fixed cost asset maintenance. Have a look at the EBITDA margins of the AM business they barely budge.
As for the FWA, probably best to ignore the peanut gallery that is Australian media. They're just doing the bidding of the business lobby. The sky will not fall in.
SRG have rise and fall clauses in a lot of their contracts....
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