LOCAL, DIVERSE AND ACCESSIBLE BROADCASTING

2007 - 2008 ANNUAL REPORT Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Company Details CBAA Office Staff Details (as at 30th June 2008) Status of organisation Company limited by guarantee Place of establishment Alexandria NSW Australia Acting General Manager Craig Liddell Founded 1974 Business Development Manager Stephen McDermott Date of Incorporation 27th June 1986 Communications Manager Cameron Woods ACN Number 003 108 030 Policy Coodination Manager Craig Liddell Address 44-54 Botany Rd Marketing and Sponsorship Coordinator Jessie Carter Alexandria NSW Finance and Administration Coordinator Robin Carter Australia 2015 IT Coordinator Andrew Devenish-Meares Telephone 02-9310-2999 Executive Assistant Brigitte Dagg Fax 02-9319-4545 Administration Assistant Danny Chifley Email [email protected] Website www.cbaa.org.au Community Radio Network

Network Services Manager Peter Tozer CBAA Board Satellite Operations Co-ordinator Martin Walters (as at 30th June 2008) Audio Operations Controller Ben Feggans

President Deborah Welch - Radio Adelaide V.P. Radio Shane Elson - 3GCR Morwell CBOnline Project V.P. Television Vacant Members Adrian Basso - 3PBS Melbourne CBOnline Content Manager Wendy Coates Stuart Buchanan - 2FBI Sydney CBOnline Assistant Sarah Tracton Bryce Ives - 3SYN Melbourne John MacInnes - 3WAY Warrnambool Georgia Webster - 3SYN Melbourne AMRAP Project CBAA Staff Elected Director Peter Tozer - CBAA AMRAP Producer Brooke Olsen Women’s Rep Natalie Pozdeev - 2RRR Ryde Youth Rep Dan Vo 3JOY Melbourne National Training Project

Acting National Training Manager Louise Clarke Training Co-ordinator Lisa Lloyd Administration Assistant – Training Laura Ongley Technical Consultant

CBAA Technical Consultant David Sice

Contents

Presidents Report 2-3 Directors’ Report 4-5 Auditor’s Independence Declaration 6 Income Statement 7 Balance Sheet 7 Statement of Changes in Equity 8 Cash Flow Statement 8 Notes to the Financial Statements 9-17 Directors’ Declaration 18 The CBAA acknowledges the support of the Community Broadcasting Foundation Audit Report 19-20 Detailed Profit and Loss Statements 21-25 Selected Detailed Project Accounts 26-29 Operational Overview 30 Technical Consultants Report 32 Station Listing 34

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

President’s Report ANNUAL REPORT 2007-08

It’s a pleasure to present the 2007-08 Annual Report in my first year as CBAA President, having been elected at the November 2007 National Conference. It is a challenging time to be in this role, as the community broadcasting sector faces a complex period in our evolution. Having established ourselves from the 1970s as a key sector in Australia’s broadcast and media landscape, we grew through the 1980s and 1990s to become the main provider of diversity and innovation, allowing hundreds of thousands of people to participate in providing programs and services to their communities.

However, in this century we are facing a growing challenge to our place. As new technologies change and broaden what ‘broadcasting’ means, as new players crowd into the media environment and as government funding support continues to decline in real terms, we need to be able to say why community broadcasting matters, louder and more clearly than ever.

The review of the Community Radio Codes of Practice this year focused our thoughts on the guiding principles of the sector:

1. Promote harmony and diversity and contribute to an inclusive, cohesive and culturally-diverse Australian community 2. Pursue the principles of democracy, access and equity, especially for people and issues not adequately represented in other media 3. Enhance the diversity of programming choices available to the public and present programs that expand the variety of viewpoints broadcast in Australia 4. Demonstrate independence in programming as well as in editorial and management decisions 5. Support and develop local arts and music 6. Increase community involvement in broadcasting

Our guiding principles and core values are critical to making the case for our future. For this reason, it sits at the top of our 5 Strategic Objectives for the period 2008-2011. In this year the Board and staff worked to develop a comprehensive Strategic Plan for the first time in a number of years, backed up by a thorough Operational Plan for the 2008/09 financial year. The broad goals for the CBAA are to:

1. Promote the values of the community broadcasting sector through practical actions 2. Build station capacity by providing quality advice, support, and services for members 3. Advance the interests of the sector through policy leadership and advocacy 4. Enhance our communications strategies to raise awareness and knowledge of the sector 5. Increase organisational capacity to reflect best practice and facilitate sustainable growth Staffing

The past year has been eventful at the CBAA. Following three months long-service leave, Barry Melville resigned from his position as General Manager in June 2008 after more than 11 years of service. The CBAA Board and staff would like to thank Barry for his efforts during that time, a period that saw significant growth for both the organisation and the sector as a whole. Sincere thanks must also go to our two Acting General Managers Craig Liddell and David Melzer, who kept the organisation on track and moving forward through this period of transition.

Our General Manager from October 2008 is Michele Bawden, who has worked in voluntary and paid capacities in community broadcasting across three states and territories and on a national level for over 20 years. She has worked in regional, metropolitan, and Indigenous community radio stations, and on numerous national bodies including the CBAA National Committee and the General Grants Advisory Committee (GGAC) of the Community Broadcasting Foundation (CBF). The CBAA is fortunate to have attracted someone with such skills and experience from both within our sector and beyond. Election Campaign

The Federal Budget in May 2008 had good news and frustrating news, but nothing to assist with the core resource issues we face as community broadcasters. Earlier this year, it became clear that we could only expect funding for promises ‘spoken out loud’ during the Election campaign and the Federal Government kept its word by funding the highly successful Amrap project for another four years. We also have a one-year extension for our National Training Project, which is a credit to our comprehensive lobbying campaign. Challenges

On a less happy note, in late February 2008 four of our five community television members left the CBAA to establish a new alliance, leaving C31 Melbourne as our sole licensed community TV member. Since 2002 we’ve had all five CTV stations as members and in that time we have succeeded in getting legislation changed to allow permanent licensing, gained an increase to sponsorship limits, and developed the first CTV Code of Practice.

But we fully understand CTV stations’ frustration at their current position, stranded between analogue and digital broadcasting and without a source of dedicated funding, and wish them well with the difficult challenges they face. As the peak body for community broadcasting the CBAA will continue to advocate for all our community radio and television members.

The situation is no more certain for digital radio. Whilst pre-budget silence upended nine months of intensive work by the CBAA and metropolitan stations, we held our breath for what Minister Conroy had in store in the May 2008 budget. The result is a six month delay in the start date and a twelve-month delay in our funding. These new timelines mean no government funding in the key twelve month run up to the new start-by date of 1 July 2009. This scenario offers new problems to solve.

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

2008 Community Radio National Listener Survey

Final preparations for the launch of the 2008 Community Radio National Listener Survey are well underway. Audience trends over the six-year period since the first survey are very encouraging and reflect strong interest in the sector. The 2006 National Listener Survey revealed that 47% of Australians (7.5 million people aged 15 and over) listened to community radio in an average month – a 7% increase in the total number of people listening for the 2004 survey.

The results of the 2008 survey are typically stronger in most segments of the audience. Weekly listening has increased to 27% – up 2% from the previous survey – and monthly listening is 57%, an increase of 10 percentage points. The empirical evidence of the audiences for community radio stations continues to add strength to the development and growth of Australia’s independent and diverse media sector. Thanks

Our Board has worked strongly throughout the year, supported by a significant number of contributors through CBAA standing and consultative committees. The enormous amount of volunteer time contributed by participants across our sector extends to our sector governance level and is greatly appreciated. Thanks goes to our departing Board members Tim Borgas, Helen Bath, Mel Page and Vice President TV Andrew Brine. From November 2007 we welcomed Adrian Basso and Natalie Pozdeev to the Board and both have been outstanding contributors to date, alongside continuing members Shane Elson (Vice President Radio) John MacInnes, Bryce Ives, Craig Twitt, Stuart Buchanan and Dan Vo.

Finally, I would like to sincerely thank the staff at the CBAA for their thorough work over the past year in training, network services, policy, special projects and administration and CBAA members across the country for their continuing commitment to the values, service and loads of fun that is community broadcasting.

Deborah Welch PRESIDENT

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Directors’ Report For the Financial Year ended 30 June 2008

Your Directors present their report on the Company for the financial year ended 30 June 2008. 1. The Directors in office at the date of this report are listed below with particulars of qualifications, experience and special responsibilities (if any).

Deborah Welch Stuart Buchanan President Board Member Board Member since 2007 Board Member since 2006 Directors Meetings Attended - 2 Directors Meetings Attended - 5 Directors Meetings Held - 2 Directors Meetings Held - 5 23 years experience in Community Broadcasting 5 years experience in Community Broadcasting Bachelor of Arts Master of Arts

Shane Elson Adrian Basso Vice-President - Radio Board Member Board Member since 2001 Board Member since 2007 Directors Meetings Attended - 4 Directors Meetings Attended - 2 Directors Meetings Held - 5 Directors Meetings Held - 2 16 years experience in Community Broadcasting 10 years experience in Community Broadcasting Bachelor of Arts, Honours (Sociology/Mass Communication) Bachelor of Accounting

John MacInnes Georgia Webster Board Member Board Member Board Member since 2004 Board Member since 2008 Directors Meetings Attended - 3 Directors Meetings Attended - 0 Directors Meetings Held - 5 Directors Meetings Held - 0 13 years experience in Community Broadcasting 5 years experience in Community Broadcasting Diploma of Social Science Bachelor of Arts, Honours

Bryce Ives Peter Tozer Board Member Board Member Board Member since 2003 Board Member since 2008 Directors Meetings Attended - 5 Directors Meetings Attended - 0 Directors Meetings Held - 5 Directors Meetings Held - 0 11 years experience in Community Broadcasting 28 years experience in Community Broadcasting

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Directors’ Report for the Financial Year ended 30 June 2008

The following Directors ceased to hold office during the year:

No. of Meetings No. of Meetings Held Attended

Andrew Brine 4 4

Tim Borgas 3 3

Wendy Coates 3 3

Helen Bath 3 2

Ian Laird 2 2

Craig Twitt 5 4

2. The Principal Activities of the Company were that of a national association to support community broadcasting. There were no significant changes in the nature of the Company’s activities during the year.

3. The net amount of profit of the Company for the financial year after providing $0.00 for income tax was $1,459.90

4. The Company is a non-profit Company and therefore restricted from declaring any dividends.

5. The results of the operations of the Company during the financial year showed that the Company ran at a profit.

6. During the financial year there was no significant change in the state of affairs of the Company.

7. There has not been any matter or circumstances that have arisen since the end of the financial year other than those referred to in the review or Accounts that has significantly affected or may significantly affect the operations of the Company, the results of those operations or the state of affairs of the Company in subsequent years.

8. No Director, since the end of the previous financial year has received or has become entitled to receive a benefit (other than a benefit included in the aggregate amount of emoluments received or due and receivable by Directors shown in the Accounts, or the fixed salary of a full time employee of the Company) by reason of a contract made by the Company or a related corporation with the Director or with a firm of which he is a member or with a Company in which he has a substantial financial interest.

9. In accordance with Section 299(1) of the Corporations Act (2001) it is expected that the Company will continue its operations in line with that of previous years.

Signed in accordance with a resolution of the Board of Directors.

Director Director th Dated this 29 day of September 2008.

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Auditor’s Independence Declaration to the Directors of Community Broadcasting Association of Australia Limited For the Financial Year ended 30 June 2008

I declare that, to the best of my knowledge and belief, during the year ended 30 June 2008 there have been:

(i) no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the audit; and

(ii) no contraventions of any applicable code of professional conduct in relation to the audit.

Escott Aston Chartered Accountants 291 Belmore Road David G Aston Riverwood NSW 2210 Partner th Dated this 8 day of August 2008.

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Income Statement for the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Revenues from Ordinary Activities 2 4,013,992.24 1,307,315.49 Membership and Sector Services (890,978.99) 0.00 Employee Benefit Expense (1,901,969.64) 0.00 Depreciation Expense 3 (31,500.00) (34,816.00) Occupancy Expense (129,782.07) 0.00 Other expenses from Ordinary Activities (1,058,301.64) (1,260,964.30)

Profits/(Losses) from ordinary activities before income tax expense 1,459.90 11,535.19

Income tax expense relating to ordinary activities 13 0.00 0.00

Profits/(Losses) from ordinary activities after income tax expense 1,459.90 11,535.19

Net Profits/(Losses) 1,459.90 11,535.19

Note: The Income Statement figures for the 2008-year disclose revenues and expenses from project related activities on a gross basis. In addition more detail has been provided in relation to various categories of activities undertaken during the year.

The 2007 comparative figures disclose only the net revenue received by the Company for undertaking projects.

The Directors are of the opinion that disclosure on a gross basis more accurately reflects the level of activities conducted by the Company.

Balance Sheet as at 30 June 2008 Note 2008 2007 $ $

Current Assets Cash Assets 6 770,779.93 208,451.58 Receivables 7 442,845.27 737,831.23 Other 8 67,046.24 66,743.38 Total Current Assets 1,280,671.44 1,013,026.19

Non-Current Assets Property, Plant & Equipment 9 107,326.10 96,220.18 Total Non-Current Assets 107,326.10 96,220.18 Total Assets 1,387,997.54 1,109,246.37

Current Liabilities Accounts Payable 10 1,187,010.59 915,812.08 Financial Liabilities 11 4,882.15 11,280.46 Provisions 12 58,336.66 77,111.89 Total Current Liabilities 1,250,229.40 1,004,204.43

Non-Current Liabilities Financial Liabilities 11 31,266.30 0.00 Total Non-Current Liabilities 31,266.30 0.00 Total Liabilities 1,281,495.70 1,004,204.43 Net Assets 106,501.84 105,041.94

Equity Contributed equity 0.00 0.00 Retained profits 106,501.84 105,041.94 Total Equity 106,501.84 105,041.94

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Statement of Changes in Equity for the Financial Year ended 30 June 2008

Contributed Retained Equity Profits Total $ $ $

Balance at 1 July 2006 0.00 93,506.75 93,506.75 Profit/(loss) attributable to the Company 0.00 11,535.19 11,535.19 Transfers to and from reserves 0.00 0.00 0.00 Balance at 30 June 2007 0.00 105,041.94 105,041.94

Profit/(loss) attributable to the Company 0.00 1,459.90 1,459.90 Transfers to and from reserves 0.00 0.00 0.00

Balance at 30 June 2008 0.00 106,501.84 106,501.84

Cash Flow Statement for the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Cash Flows from Operating Activities Membership Fees and Sector Services 1,872,997.44 771,881.57 Interest Received 12,239.44 11,141.72 Net Project Receipts (153,706.04) (82,644.44) Payment to Suppliers and Employees (3,576,777.13) (1,501,334.24)

(1,845,246.29) (800,955.39) Cash Flows from Grants Grants received 2,438,238.09 637,893.52

Net cash provided by operating activities 17(a) 592,991.80 (163,061.87)

Cash Flows from Investing Activities Proceeds from sale of plant and equipment 14,454.55 0.00 Acquisition of plant and equipment (25,979.65) (17,947.32)

Net cash flows from investing activities (11,525.10) (17,947.32)

Cash Flows from Financing Activities

Repayment of borrowings (15,095.38) (6,797.04)

Net cash flows from financing activities (15,095.38) (6,797.04)

Net increase/(decrease) in cash held 566,371.32 (187,806.23)

Cash at start of the financial year 263,634.17 451,440.40

Cash at close of the financial year 17(b) 830,005.49 263,634.17

Note: The Cash Flow Statement figures for the 2008-year reflect the cash flows from project related activities on a gross basis. The 2007 comparative figures disclose only the net cash flows received by the Company for undertaking projects. The Directors are of the opinion that disclosure on a gross basis more accurately reflects the level of cash flows received by the Company.

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 1 - Statement of Accounting Policies

The financial report is a general-purpose financial report that has been prepared in accordance with Accounting Standards, Urgent Issues Group Consensus Views and other authoritative pronouncements of the Australian Accounting Standards Board and the Corporations Act 2001. The financial report is for Community Broadcasting Association of Australia Limited as an individual entity incorporated and domiciled in Australia. Community Broadcasting Association of Australia Limited is a company limited by guarantee. The following is a summary of the material accounting policies adopted by the company in the preparation of the financial report. The accounting policies have been consistently applied, unless otherwise stated.

Basis of Preparation

Reporting Basis and Conventions The financial report has been prepared on an accruals basis and is based on historical costs. It does not take into account changing money values or, except where stated, current valuations of non-current assets. Cost is based on the fair values of the consideration given in exchange for assets.

Accounting Policies

(a) Property, Plant and Equipment Each class of property, plant and equipment is carried at cost or fair value less, where applicable, any accumulated depreciation and impairment losses.

Plant and Equipment Plant and equipment are measured on the cost basis less depreciation and impairment losses. The carrying amount of plant and equipment is reviewed annually by directors to ensure it is not in excess of the recoverable amount from those assets. The recoverable amount is assessed on the basis of the expected net cash flows, which will be received from the assets’ employment and subsequent disposal. The expected net cash flows have not been discounted to present values in determining recoverable amounts.

Depreciation The depreciable amount of all fixed assets including buildings and capitalised leased assets, but excluding freehold lands, are depreciated on a straight line or diminishing value basis over their useful lives to the Company commencing from the time the asset is held ready for use. Leasehold improvements are depreciated over the start of either the unexpired period of the lease or the estimated useful life of the improvement.

The Depreciation rates used for each class of depreciable asset are: Office Equipment and Furniture 11 - 40% Studio Equipment 11 - 40% Motor Vehicle 22.5% Leasehold Improvements 25.0% The asset’s residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date. An asset’s carrying amount is written down immediately to its recoverable amount if the asset’s carrying amount is greater than its estimated recoverable amount. Gains and losses on disposals are determined by comparing proceeds with the carrying amount. These gains or losses are included in the income statement. When revalued assets are sold, amounts included in the revaluation reserve relating to that asset are transferred to retained earnings. Plant and equipment acquired by way of capital grants have been capitalised and are depreciated in accordance with the above policy. Grant funds received for the acquisition of the plant and equipment are recorded in the financial statements as a liability “capital grants for equipment”. These grant funds are recognised as income over the useful life of the plant and equipment.

(b) Leases Leases of fixed assets where substantially all the risks and benefits incidental to the ownership of the asset, but not the legal ownership, are transferred to entities in the economic entity are classified as finance leases. Finance leases are capitalised, recording an asset and a liability equal to the present value of the minimum lease payments, including any guaranteed residual values. Lease payments are allocated between the reduction of the lease liability and the lease interest expense for the period. Leased assets are depreciated on a straight-line basis over their estimated useful lives where it is likely that the economic entity will obtain ownership of the asset or over the term of the lease. Lease payments for operating leases, where substantially all the risks and benefits remain with the lessor, are charged as expenses in the periods in which they are incurred.

(c) Financial Instruments Recognition Financial instruments are initially measured at cost on trade date, which includes transaction costs, when the related contractual or obligations exist. Subsequent to initial recognition these instruments are measured as set out below.

Fair Value Fair value is determined based on current bid prices for all quoted investments. Valuation techniques are applied to determine the fair value for all unlisted securities, including recent arm’s length transactions, reference to similar instruments and option pricing models. Financial assets at fair value through profit and loss A financial asset is classified in this category if acquired principally for the purpose of selling in the short term or if so designated by management and within the requirements of AASB 139: Recognition and Measurement of Financial Instruments. Realised and unrealised gains and losses arising from changes in the fair value of these assets are included in the income statement in the period in which they arise.

 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

(d) Impairment of Assets At each reporting date, the Company reviews the carrying values of its tangible and intangible assets to determine whether there is any indication that those assets have been impaired. If such an indication exists, the recoverable amount of the assets, being the higher of the asset’s fair value less cost to sell and value in use, is compared to the asset’s carrying value. Any excess of the asset’s carrying value over its recoverable amount is expensed to the income statement. Impairment testing is performed annually for goodwill and intangible assets with indefinite lives. Where it is not possible to estimate the recoverable amount of an individual asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

(e) Employee Benefits Provision is made for the company’s liability for employee benefits arising from services rendered by employees to balance date. Employee benefits that are expected to be settled within one year have been measured at the amounts expected to be paid when the liability is settled, plus related on-costs. Employee benefits payable later than one year have been measured at the present value of the estimated future cash outflows to be made for those benefits.

(f) Cash Cash and cash equivalents includes cash on hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

(g) Revenue Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. The following specific recognition criteria must also be met before revenue is recognised:

Sales revenue Sales revenue is recognised when the goods or services are provided. Grants are recognised in the period to which the grant relates.

Interest income Interest income is recognised as it accrues.

(h) Goods and Services Tax (GST) Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Taxation Office. In these circumstances the GST is recognised as part of the cost of acquisition of the asset or as part of an item of the expense. Receivables and payables in the Balance Sheet are shown inclusive of GST. Cash flows are presented in the cash flow statement on a gross basis, except for the GST component of investing and financing activities, which are disclosed as operating cash flows.

(i) Comparative figures When required by Accounting Standards, comparative figures have been adjusted to conform to changes in presentation for the current year.

(j) Critical accounting estimates and judgements The directors evaluate estimates and judgements incorporated into the financial report based on historical knowledge and best available current information. Estimates assume a reasonable expectation of future events and are based on current trends and economic data, obtained both externally and within the Company.

(k) Grants in Advance and Projects in Progress Grants in advance is grant revenue received in the current financial year relating to a future income year or grants received where there has been no activity on that grant in the current financial year. Where there is activity on a grant in the current financial year, the whole grant revenue received to date is recognised as revenue for that year. Expenditure relating to the particular grant is offset against the revenue, with any excess of grant revenue over expenditure being carried as projects in progress.

(l) Economic Dependence The Company is dependent on the Community Broadcasting Foundation (CBF) for the majority of its revenue used to operate the business. At the date of this report the directors have no reason to believe the CBF will not continue to support the Company.

10 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Note 2 – Revenue Operating Activities Membership fees 309,221.59 310,107.80 CBF Grants 1,860,311.56 413,000.00 Other Grants 889,338.18 16,536.36 CRN activities and subscriptions 343,002.44 254,946.64 Training fees 25,367.00 0.00 Other income 571,277.48 301,582.97

3,998,518.25 1,296,173.77 Non-Operating Activities Profit on sale of assets 3,234.55 0.00 Interest received 12,239.44 11,141.72

Total revenue 4,013,992.24 1,307,315.49

Refer to Note on page 7 regarding disclosure of project related activities.

Note 3 – Expenses

Profit from ordinary activities before income tax has been determined after:

(a) Expenses Depreciation of plant and equipment 31,500.00 34,816.00

Rental expense on operating leases: - minimum lease payments 63,512.76 63,512.76

Note 4 – Key Management Personnel Compensation Key Management Personnel

Directors Shane Elson Deborah Welch Ian Laird Adrian Basso John MacInnes Stuart Buchanan Bryce Ives Tim Borgas Wendy Coates Andrew Brine Craig Twitt Helen Bath Peter Tozer

The Directors received no remuneration for their services in their capacity as Directors of the Company.

Key Management Personnel Barry Melville Wendy Coates Ian Laird

Total Compensation ShortTerm Benefits Post Employment Total $ Benefits $ $ 2008 Total Compensation 191,205 1,761 192,966

2007 Total Compensation 162,768 34,503 197,271

11 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Note 5 – Auditor’s Remuneration Amounts received or due and receivable by Escott Aston for: - an audit of the financial report of the entity 14,850.00 10,900.00 - other audit services 3,500.00 0.00 - other services in relation to the entity 4,200.00 3,472.73

22,550.00 14,372.73

Note 6 – Cash Assets Cash at bank and on hand 770,779.93 208,451.58

Note 7 – Receivables CURRENT Debtors 409,400.49 701,200.08 Less: Provision for Doubtful Debts (30,000.00) (30,000.00)

379,400.49 671,200.08 PPCA Royalties 61,483.55 64,085.03 Other Debtors 1,961.23 2,546.12

442,845.27 737,831.23

Note 8 – Other Current Assets Prepayments 7,820.68 11,560.79 Short Term Deposits 59,225.56 55,182.59

67,046.24 66,743.38

12 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Note 9 – Property, Plant & Equipment Furniture and Equipment – at cost 289,320.11 278,292.63 Accumulated Depreciation (269,695.82) (257,983.82)

19,624.29 20,308.81

Studio Equipment – at cost 397,405.02 393,539.44 Accumulated Depreciation (374,069.56) (366,183.56)

23,335.46 27,355.88

Leasehold Improvements – at cost 131,293.58 123,450.99 Accumulated Depreciation (95,562.50) (84,378.50)

35,731.08 39,072.49

Leased Motor Vehicle – at cost 36,867.27 34,888.00 Accumulated Amortisation (8,232.00) (25,405.00)

28,635.27 9,483.00

Total Plant and Equipment – at cost 854,885.98 830,171.06 Accumulated Depreciation and Amortisation (747,559.88) (733,950.88)

107,326.10 96,220.18

Movements in Carrying Amounts Furniture & Studio Leasehold Leased Motor Total Equipment Equipment Improvement Vehicles $ $ $ $ $ Balance at 1 July 2007 20,308.81 27,355.88 39,072.49 9,483.00 96,220.18 Additions 14,271.48 3,865.58 7,842.59 36,867.27 62,846.92 Disposals (2,526.00) 0.00 0.00 (8,694.00) (11,220.00) Depreciation (12,430.00) (7,886.00) (11,184.00) (9,021.00) (40,521.00) Carrying amount at 30 June 2008 19,624.29 23,335.46 35,731.08 28,635.27 107,326.10

13 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Note 10 – Accounts Payable CURRENT Trade Creditors 481,969.92 118,628.03 Projects in Progress 331,428.27 153,706.04 Other Creditors and Accruals 80,440.36 41,639.84 Income in Advance 0.00 2,977.38 Grants in Advance 189,835.51 501,247.16 GST Payable 44,964.00 40,162.34 PPCA Royalties 58,372.53 57,451.29

1,187,010.59 915,812.08

Note 11 – Financial Liabilities

CURRENT Lease Liability 4,882.15 11,280.46

NON-CURRENT Lease Liability 31,266.30 0.00

Note 12 – Provisions CURRENT Employee Entitlements 58,336.66 77,111.89

Note 13 – Income Tax Expense The Company is exempt from income tax under subdivision 50-B of the Income Tax Assessment Act 1997.

Note 14 – Operating Lease Commitments (a) Operating Leases Aggregate amount contracted for, but not provided for in the financial statements

Due within 1 year 63,512.76 63,512.76 Due within 1-2 years 63,512.76 63,512.76 Due within 2-5 years 63,512.76 127,025.52 Due later than 5 years 0.00 0.00

Total lease commitment 190,538.28 254,051.04

(b) Finance Leases

Due within 1 year 8,110.80 11,351.42 Due within 1-5 years 38,053.75 0.00 Due later than 5 years 0.00 0.00

Minimum lease payments 46,164.55 11,351.42 Less: Future finance charges 10,016.10 70.96

Total Lease Liability 36,148.45 11,280.46

14 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Note 15 – Contingent Liabilities The directors of the Company are not aware of any contingent liabilities at balance date.

Note 16 – Financial Reporting by Segment The Company operates predominantly in the Community Broadcasting industry. The principal activity of the Company is to support the development and administration of Community Broadcasting.

The Company operates in one geographic area only, being Australia.

Note 17 – Cash Flow Statement (a) Reconciliation of the operating profit after tax to the net cash flows from operations:

Operating profit/(loss) after tax 1,459.90 11,535.19

Profit on sale of assets (3,234.55) 0.00 Depreciation and amortisation 40,521.00 40,049.00 Interest on borrowings 3,096.10 1,316.02 Provision for employee entitlements (18,775.23) (42,769.02) Provision for doubtful debts 0.00 10,000.00

Changes in assets and liabilities (Increase)/decrease in accounts receivable 291,799.59 (386,574.95) (Increase)/decrease in other current assets 6,926.48 11,813.23 Increase/(decrease) in accounts payable 271,198.51 191,568.66

Net cash provided by operating activities 592,991.80 (163,061.87)

(b) Reconciliation of cash

Cash at Bank 770,779.93 208,451.58 Short Term Deposits 59,225.56 55,182.59

830,005.49 263,634.17

Note 18 – Subsequent Events There have been no events, which have occurred between balance date and the date of these accounts, which will materially impact on the Company.

15 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 19: Financial Instruments Financial Risk Management

The Company’s financial instruments consist mainly of deposits with banks, short-term investments, accounts receivable and payable and leases.

The main purpose of non-derivative financial instruments is to raise finance for the association’s operations. The Company does not have any derivative instruments at 30 June 2008. Financial Instruments are held under normal commercial policies, terms and conditions regularly adopted by businesses in Australia.

The main risks the Company is exposed to through its financial instruments are liquidity risk, credit and interest rate risk.

(a) Liquidity Risk The Company manages liquidity risk by monitoring forecast cash flows.

(b) Credit Risk The maximum exposure to credit risk, excluding the value of any collateral or other security at balance date to recognised financial assets, is the carrying amount, net of any provisions for impairment of those assets, as disclosed in the balance sheet and notes to the financial statements.

The Company does not have any material credit risk exposure to any single receivable or group of receivables under financial instruments entered into by the association.

(c) Interest Rate Risk The Company’s exposure to interest rate risk, which is the risk that a financial instrument’s value will fluctuate as a result of changes in market interest rates and the effective weighted average interest rates on those financial assets and financial liabilities, is as follows:

Weighted Average Floating Interest Value Fixed Interest Rate Maturing Within 1 to 5 Interest Rate Within 1 Year Years 2008 2007 2008 2007 2008 2007 2008 2007 % % $ $ $ $ $ $ Financial Assets Cash & cash equivalents 1.7 3.1 770,780 208,452 0 0 0 0 Trade & other receivables 0 0 442,845 737,831 0 0 0 0 Short term deposits 7.1 6.1 59,226 55,182 0 0 0 0 Total Financial Assets 1,272,851 1,001,465 0 0 0 0 Financial Liabilities Trade & other payables 0 0 562,410 160,267 0 0 0 0 Lease liabilities 9.5 9.6 0 0 4,882 11,280 31,266 0 Total Financial Liabilities 562,410 160,267 4,882 11,280 31,266 0

16 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Notes to and forming part of the Financial Statements For the Financial Year ended 30 June 2008 Note 19: Financial Instruments (con’t) Net Fair Values

The net fair value of financial assets and liabilities approximates their carrying value because of their short term to maturity. No financial assets and financial liabilities are readily traded on organised markets in standardised form. Financial assets where the carrying amount exceeds net fair values have not been written down as the association intends to hold the assets to maturity.

The aggregate net fair values and carrying amounts of financial assets and financial liabilities are disclosed in the Balance Sheet and in the Notes to the Financial Statements.

Aggregate net fair values and carrying amounts of financial assets and financial liabilities at balance date:

2008 2007 Carrying Amount Net Fair Value Carrying Amount Net Fair Value $ $ $ $ Financial Assets Cash 770,780 770,780 208,452 208,452 Trade and other receivables 442,845 442,845 737,831 737,831 Short term deposits 59,226 59,226 55,182 55,182 Total Financial Assets 1,272,851 1,272,851 1,001,465 1,001,465

Financial Liabilities Trade and other payables 562,410 562,410 160,267 160,267 Lease liability 36,148 36,148 11,280 11,280 Total Financial Liabilities 598,558 598,558 171,547 171,547

Note 20 – Members’ Guarantee The Company is limited by guarantee. If the Company is wound up, the Articles of Association state that each member at the date of winding up, and each member who ceased to be a member within twelve months of the date of winding up, shall contribute a maximum of $10 each towards meeting any outstanding obligations of the Company. At 30 June 2008, the number of members was 227 (2007: 240).

Note 21 – Entity Information The Community Broadcasting Association of Australia Limited is a company limited by guarantee incorporated and domiciled in the State of New South Wales. The registered office of the Company is located at Suite 1, Level 3, 44-54 Botany Road, Alexandria, NSW.

During the year, the principal activity was that of a national association to support community broadcasting.

17 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Directors’ Declaration For the Financial Year ended 30 June 2008

The Directors of the Company declare that:

1. The financial statements and notes, as set out on pages 7 to 17, are in accordance with the Corporations Act 2001:

(a) Comply with Accounting Standards and the Corporations Regulations 2001; and

(b) Give a true and fair view of the financial position as at 30 June 2008 and of the performance for the year ended on that date of the Company.

2. As at the date of this statement there are reasonable grounds to believe that the Company will be able to pay its debts as and when they become due and payable.

This declaration is made in accordance with a resolution of the Board of Directors.

Director Director th Dated this 29 day of September 2008.

18 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Independent Audit Report to the Members For the Financial Year ended 30 June 2008

Report on the Financial Report

We have audited the accompanying financial report of Community Broadcasting Association of Australia Limited (the company), which comprises the balance sheet as at 30 June 2008 and the income statement, statement of recognised income and expenditure and cash flow statement for the year ended on that date, a summary of significant accounting policies and other explanatory notes and the directors’ declaration.

Directors’ Responsibility for the Financial Report

The directors of the company are responsible for the preparation and fair presentation of the financial report in accordance with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Act 2001. This responsibility includes establishing and maintaining internal control relevant to the preparation and fair presentation of the financial report that is free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

Auditor’s Responsibility

Our responsibility is to express an opinion on the financial report based on our audit. We conducted our audit in accordance with Australian Auditing Standards. These Auditing Standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether the financial report is free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial report. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial report, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the company’s preparation and fair presentation of the financial report in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company’s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall presentation of the financial report.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Independence

In conducting our audit, we have complied with the independence requirements of the Corporations Act 2001. We confirm that the independence declaration required by the Corporation Act 2001, provided to the directors of Community Broadcasting Association of Australia Limited on 8 August 2008 would be in the same terms if provided to the directors as at the date of this auditors report.

19 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Independent Audit Report to the Members For the Financial Year ended 30 June 2008

Audit Opinion

In our opinion, the financial report of Community Broadcasting Association of Australia Limited is in accordance with the Corporations Act 2001, including:

(a) Giving a true and fair view of the Company’s financial position as at 30 June 2008 and of their performance for the year ended on that date; and

(b) Complying with Australian Accounting Standards (including the Australian Accounting Interpretations) and the Corporations Regulations 2001.

Escott Aston Chartered Accountants 291 Belmore Road David G Aston Riverwood NSW 2210 Partner th Dated this 30 day of September 2008.

20 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Profit and Loss Statement For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Income

Secretariat (35,298.19) 28,884.43 C.R.N. 66,653.57 (22.22) Conference (7,957.55) 841.37 Training 6,327.52 16,647.61

Net Profit/(Loss) before Indirect Income and Expenses 29,725.35 46,351.19

Indirect Income and Expenses

Profit on Sale of Assets 3,234.55 0.00 Total Indirect Income 3,234.55 0.00

Depreciation (31,500.00) (34,816.00) Total Indirect Expenses (31,500.00) (34,816.00)

Net Income/(loss) transferred 1,459.90 11,535.19

Note: The Detailed Profit and Loss Statement on pages 22 to 25 detail the community-broadcasting sector related activities of the Company. The Detailed Project Accounts on pages 26 to 29 detail a number of the major projects undertaken during the year by the Company. The Directors are committed to providing more detailed disclosures of the Company’s project related activities in next years financial report.

21 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Profit and Loss Statement For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Secretariat Income

Sector Co-ordination Grant 250,704.00 243,000.00 CTV Membership Fees 10,987.84 8,986.53 Membership Fees 309,221.59 301,121.27 Interest Received 12,239.44 11,141.72 Sundry Income 6,579.41 4,830.48 Rent Received from Projects 13,083.00 12,460.00 CBX Advertising 8,000.00 3,295.00 Administration Assistance from Projects 113,871.45 84,435.49 Capital Income from Projects 13,978.94 10,000.00

Gross Income 738,665.67 679,270.49

Less: Indirect Expenses

Administration Expenses Accountancy Fees 5,400.00 5,233.99 Amortisation 9,021.00 5,233.00 Audit Fees 3,600.00 3,600.00 Bank Charges 3,513.68 1,247.67 CBX Expenses 25,735.85 8,814.89 Cleaning 3,639.39 3,483.13 Committee Expenses 31,481.84 36,575.15 Consultancy 3,075.55 13,611.71 Electricity 4,505.98 5,142.97 Fringe Benefits Tax 3,562.38 3,823.00 General Expenses 1,629.10 4,958.26 Information Technology 1,528.83 3,743.72 Insurance 6,082.24 4,440.67 Interest Paid – Lease 3,096.10 1,316.02 Legal Expenses 198.00 0.00 Payroll Tax 7,710.46 9,040.39 Office Rentals and Leases 10,889.12 12,403.76 Printing 8,530.83 5,115.53 Postage 16,127.52 15,523.69 Promotion and Advertising 1,147.77 250.00 Provision for Doubtful Debts 0.00 10,000.00 Provision for Employee Entitlements (24,915.50) (7,479.39) Rent 43,347.40 42,631.64 Repairs & Maintenance 1,062.16 735.20 Salaries & Wages 481,896.21 327,477.35 Security 641.19 243.36 Special Projects 4,317.52 23,204.86 Staff Amenities 7,218.90 4,885.10 Staffing Costs 12,835.20 4,386.03 Stationery & Office Supplies 9,728.93 15,425.75 Subscriptions 1,912.66 315.72 Superannuation 41,896.11 28,336.30 Telephone, Fax and Internet 12,570.41 19,533.85 Travelling Expenses 30,977.03 37,132.74

640,763.51 522,602.20

Total Indirect Expenses 773,963.86 650,386.06

Net Income/(Loss) transferred (35,298.19) 28,884.43

22 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Profit and Loss Statement For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

C.R.N.

Income

C.B.F. Grant 67,000.00 65,000.00 Client Services 201,117.28 106,085.77 Special Grants 15,560.00 12,500.00 Station Fees 130,897.32 148,860.87 Other 3,454.55 1,584.54

Gross Income 418,029.15 334,031.18

Less: Expenses

Audit Fees 8,000.00 6,000.40 Administration Assistance 54,500.00 41,000.00 Cleaning 2,025.60 1,944.02 Consultancy Fees 6,240.18 2,890.27 Electricity 2,471.11 1,784.80 Information Technology 830.68 1,971.07 Insurance 4,819.39 4,837.47 Miscellaneous 853.83 1,824.75 Payroll Tax 2,740.58 5,899.15 Office Rentals and Leases 5,314.05 4,639.27 Postage 579.23 372.05 Projects Opening Balance 1,750.00 0.00 Promotion & Publicity 300.00 100.00 Provision for Employee Entitlements 7,789.72 (39,198.92) Rent 23,340.92 20,377.06 Repairs & Maintenance 1,972.33 2,658.04 Salaries & Wages 175,716.77 233,225.27 Security 292.07 135.20 Special Projects 2,404.55 0.00 Staff Amenities 2,628.03 2,163.67 Staffing Costs 2,209.09 510.00 Staff Training 1,445.00 40.00 Stationery & Office Supplies 5,152.25 4,271.08 Subscriptions 1,050.00 183.31 Superannuation 15,878.52 14,060.27 Telephone, Fax and Internet 15,292.71 16,743.93 Travelling Expenses 5,778.97 5,621.24

Total Expenses 351,375.58 334,053.40

Net Income/(Loss) transferred 66,653.57 (22.22)

23 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Profit and Loss Statement For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Conference

Income

Awards 0.00 4,036.36 Expo 32,225.00 28,740.91 Registration and Meals 78,800.00 67,923.64 Sponsorship 32,651.82 26,922.73

Gross Income 143,676.82 127,623.64 Less: Expenses

Administration 45,813.88 37,197.91 Awards 1,574.73 4,057.27 Projects Opening Balance 1,132.08 2,037.48 Promotional Material 8,296.07 4,782.41 Salaries 26,019.63 18,400.00 Travel Rebate 3,457.58 3,109.86 Venue 65,340.40 57,197.34

Total Expenses 151,634.37 126,782.27

Net Income/(Loss) transferred (7,957.55) 841.37 Technical Development Unit

Income

C.B.F. Grant 70,000.00 70,000.00 Project Opening Balance 44,982.02 0.00

Gross Income 114,982.02 70,000.00

Less: Expenses

Consultancy 103,214.87 24,910.71 Travelling Expenses 426.53 107.27 Work in Progress 11,340.62 44,982.02

Total Expenses 114,982.02 70,000.00

Net Income/(Loss) transferred 0.00 0.00

24 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Profit and Loss Statement For the Financial Year ended 30 June 2008 Note 2008 2007 $ $

Training Income

CBF Grants 35,000.00 35,000.00 Training Fees 14,789.00 11,439.00 Admin Assistance to Projects 41,497.51 48,451.18 Other Income 268.75 1,500.00

Total Income 91,555.26 96,390.18

Expense

Administration 2,500.00 1,000.00 Audit 2,000.00 1,833.44 Cleaning 373.48 0.00 Conference Expenses 257.68 352.63 Consultancy 7,630.00 14,189.05 Electricity 494.20 158.59 Equipment Purchases 1,327.73 6,417.37 Information Technology 2,344.28 347.06 Insurance 963.87 621.80 Miscellaneous 1,044.54 951.04 Office Rentals and Leases 1,062.81 1,056.43 Payroll Tax 743.53 766.49 Postage 463.31 14.41 Printing 2,525.78 2,822.85 Promotion and Advertising 120.00 90.00 Provision for Employee Entitlements (5,021.67) 1,602.80 Repairs & Maintenance 95.49 538.48 Salaries 50,005.34 36,078.95 Security 58.45 40.59 Staff Amenities 557.59 900.57 Staffing Costs 2,375.09 0.00 Staff Training 2,559.00 0.00 Stationery & Office Supplies 1,997.46 1,067.46 Subscriptions 187.50 974.87 Superannuation 3,939.54 3,198.96 Telephone, Fax and Internet 2,514.22 2,367.52 Travel and Accommodation 2,108.52 2,351.21

Total Expense 85,227.74 79,742.57

Net Income/(Loss) transferred 6,327.52 16,647.61

25 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Project Account For the Financial Year ended 30 June 2008 Note 2008 $

A.M.R.A.P. Income

Special Grants 15,000.00 CD Distribution 40,256.99 Project Opening Balance 71,072.43

Total Income 126,329.42

Expense

Bank Charges 16.00 CD Distribution 944.91 Cleaning 408.82 Conference Expenses 229.09 Electricity 1,436.90 Information Technology 767.20 Insurance 963.87 Miscellaneous 479.59 Music Correspondent & Recordings 4,066.81 Office Rentals and Leases 1,062.75 Payroll Tax 4,197.00 Postage 15,775.85 Printing 255.06 Promotion and Advertising 250.00 Provision for Employee Entitlements (706.20) Rent 9,975.00 Repairs & Maintenance 95.53 Salaries 68,381.58 Security 58.41 Staff Amenities 525.67 Staff Training 574.00 Stationery & Office Supplies 2,641.84 Subscriptions 300.00 Superannuation 6,118.65 Telephone, Fax and Internet 2,179.32 Travel and Accommodation 446.65 Web Hosting 7,682.00 Work in Progress (2,796.88)

Total Expense 126,329.42

Net Income/(Loss) transferred 0.00

26 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Project Account For the Financial Year ended 30 June 2008 Note 2008 $

CBOnline Income

CBF Grants 162,265.00

Total Income 162,265.00

Expense

Administration 15,015.00 Audit 1,300.00 Bank Charges 15.00 Cleaning 519.99 Conference Expenses 3,085.87 Consultancy 14,231.18 Electricity 988.45 Equipment Purchases 2,475.39 Information Technology 4,172.59 Insurance 1,347.34 Miscellaneous 2,100.00 Office Rentals and Leases 1,642.46 Payroll Tax 4,370.78 Promotion and Advertising 1,280.43 Provision for Employee Entitlements 9,509.16 Rent 3,108.00 Repairs & Maintenance 111.57 Salaries 77,748.35 Security 55.11 Staff Amenities 866.39 Staff Training 540.00 Stationery & Office Supplies 2,364.62 Superannuation 6,584.22 Telephone, Fax and Internet 7,012.62 Work in Progress 1,820.48

Total Expense 162,265.00

Net Income/(Loss) transferred 0.00

27 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Project Account For the Financial Year ended 30 June 2008 Note 2008 $

National Training Project Income

CBF Grants 172,979.00

Total Income 172,979.00

Expense

Administration 8,600.00 Audit 1,000.00 Cleaning 813.48 Conference Expenses 2,614.75 Depreciation – Capital Grants 10,000.00 Electricity 2,011.73 Information Technology 4,688.51 Insurance 1,927.76 Office Rentals and Leases 2,125.64 Payroll Tax 7,710.25 Postage 902.29 Printing 120.10 Provision for Employee Entitlements (5,715.09) Rent 11,271.50 Repairs & Maintenance 191.04 Salaries 119,295.70 Security 116.83 Staff Amenities 1,051.16 Staffing Costs 3,446.76 Staff Training 198.00 Stationery & Office Supplies 2,417.18 Subscriptions 375.00 Superannuation 9,888.96 Telephone, Fax and Internet 2,333.64 Travel and Accommodation 9,540.21 Work in Progress (23,946.40)

Total Expense 172,979.00

Net Income/(Loss) transferred 0.00

28 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Detailed Project Account For the Financial Year ended 30 June 2008 Note 2008 $ Digital Radio Implementation Income

CBF Grants 100,000.00 Registrations 2,903.64 Other Income 849.27

Total Income 103,752.91

Expense

Administration 11,000.00 Equipment Purchases 2,339.09 Legal Expenses 15,000.00 Miscellaneous 1,099.46 Payroll Tax 3,208.50 Salaries 50,125.97 Staffing Costs 100.00 Superannuation 4,576.05 Travel and Accommodation 11,617.13 Work in Progress 4,686.71

Total Expense 103,752.91

Net Income/(Loss) transferred 0.00

29 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Operational Overview ANNUAL REPORT 2007-08

Overview

The past year has been a busy one at the CBAA with many staffing changes, continued organisational growth, and some introspection as we developed our Strategic Plan for the next three years.

Finances

As the enclosed audited Financial Statements indicate, the CBAA finished the year with a cash surplus of $29,725 compared with last year’s cash suplus of $46,351. Non-cash expenses from depreciation of $31,500 (compared with $34,816 in 2006-07) returned the CBAA a net surplus for the year of $1,459.90 (compared with a net surplus of $11,535 in the previous year).

Our bottom line equity position has remained stable over the past few years. Total assets at 30 June 2008 were up to $1,280,671 (compared with $1,013,026 in the previous year). Our total current liabilities were $1,250,229 – up from $1,004,204 in 2007. Our bottom line net result (total equity) was slightly greater than the previous year $106,502 (compared with $105,042).

The CBAA’s revenue from ordinary activities was $4,013,992, which appears considerably more than $1,307,315 last year. Previously, the CBAA published only Secretariat revenue and the 2007 comparative figures disclose only the net revenue received by the organisation for managing projects. The CBAA Board made a decision in 2008 to reveal the full range of operating activities and the gross revenue and expense of managing proejcts on behalf of the sector.

In the 2007-08 financial year:

• Membership fees ($320,209) accounted for 43% of the CBAA’s Secretariat income ($738,666); • Subscription fees for the Community Radio Network (CRN) service ($130,897) accounted for 31% of the satellite service's income of $418,029 (compared with income of $334,031 in 2006-07); and • The CBF sector coordination grant in 2007-08 of $250,704 accounted for 34% (compared with 31% in 2006-07) of the combined revenue from CBAA core activities (Secretariat, Network Services, Technical Development Unit and RTO Training Services, but excluding projects).

Membership

Membership of the CBAA has remained relatively strong for the past four years. However, there was a substantial change to our community television membership during the 2007-08 financial year.

Until February 2008, our membership included all four permanently licensed community television stations and one open narrowcaster. At that time a new representative body was established with a sole focus on community television matters. One community television station, C31 Melbourne, remains a member of the CBAA.

The table below tracks CBAA membership over four years:

2004-05 2005-06 2006-07 2007-08 Full Members 236 238 240 227 Associates 27 29 32 40 CRN subscribers 181 182 175 171 Core Staff 13 12 11 12

Staffing

On 30 June 2008, the CBAA had 12 core Secretariat staff:

Core Staff

• General Manager (starting in September 2008) • Policy Coordination Manager • Communications Manager • IT Coordinator • Executive Assistant • Administrative Assistant • Business Development Manager • Marketing and Sponsorship Coordinator • Finance and Administration Coordinator • Network Services Manager • Technical Coordinator • Satellite Operations Coordinator • Technical Consultant

In addition to core staff, the CBAA managed a number of projects on behalf of the sector and employed the following people:

30 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Project Staff

• CBOnline Content Manager • CBOnline Assistant • National Training Manager • National Training Administrative Assistant • National Training Coordinator • Amrap Producer • Digital Radio Project Manager • Digital Radio Project / Codes of Practice Review Assistant

In February 2008, Mia Lauzé left the CBAA after many years of service. Mia began as the CBOnline Content Manager in 2002 and was most recently the National Training Manager. In July 2008, Nicola Joseph started in the role.

Following a successful bid for funding, the community broadcasting sector received $10.1 million over four years in the May 2007 Budget for digital radio. The CBAA was appointed project manager of the Digital Radio Implementation Project and Ian Laird started in the role of Digital Radio Project Manager during October 2008. However, while the incoming Federal Government confirmed the funding allocation, it was pushed back by a year, which resulted in the CBAA sadly having to farewell Ian in June 2008.

Other appointments during the year included Brooke Olsen as Amrap Producer, Peter Tozer as Network Services Manager, Robin Carter as Finance and Administration Coordinator, and Sarah Tracton as CBOnline Assistant.

Key activities

The 2007-08 financial year was a busy one for the CBAA with the following key activities undertaken:

• Over a six month period, the CBAA Board and staff developed a new Strategic Plan that outlines our focus for the next three years; • The first stage of the Community Radio Codes of Practice was undertaken during 2008 and the revised Codes will be presented at the 2008 National Conference; • The 2008 McNair Ingenuity National Listener Survey took place in May 2008 and is due to be launched during October 2008; • The Community Radio Network (CRN) and Digital Delivery Network (DDN) has undergone significant planning and development to update its capabilities and to make it more user friendly; • On behalf of the sector, the CBAA coordinated our efforts to participate in the first stage of the digital radio framework, which involved the establishment of company structures to facilitate the involvement of community radio broadcasters and detailed negotiations regarding infrastructure planning, development, and implementation; and • As manager of the National Training Project, we have overseen the pilot of management training, which is a significant development for the community broadcasting sector.

Lobbying and advocacy

2007, being an election year, resulted in another comprehensive lobbying campaign to secure additional funding for the community broadcasting sector. Run as part of the Funding Strategy Group, the campaign resulted in:

• Individual meetings with 50 Ministers, Shadow Ministers, or Advisers; • Meetings with 30 politicians in marginal seats; and • Meetings with 41 politicians organised by community broadcasting stations.

Despite the extensive lobbying, however, the message from the Federal Government was that – in a tight budgetary environment – only election promises would be funded. Therefore, it was relatively satisfying to see an allocation of $2.4 million over four years for the highly successful Australian Music Radio Airplay Project (Amrap), $0.6 million for the National Training Project, and $11.2 million for digital radio.

Future outlook

The 2008-09 financial year is already shaping up to be another significant one for the CBAA. Later this year we will welcome our new General Manager who will take a lead role in implementing our new Strategic Plan. Underpinning the plan are the guiding principles that unite our sector, which are featured in the revised Community Radio Codes of Practice to be released towards the end of 2008. And as we remind ourselves of the philosophies we share, the results from the 2008 McNair Community Radio National Listener again reinforce our strong and growing audience and the importance and value of our sector. We look forward to continued organisational development in the next year as we further embrace our role as a vibrant peak body for community broadcasting that reflects the interests of our members and advances the endeavours of the entire sector.

31 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

2007-2008 Annual Report: Technical Consultant The 2007 federal election fell within the period of this report and created the need for the community broadcasting sector to reaffirm and re-establish technical, regulatory and policy positions on most fronts.

The first budget of a new Government also brought with it challenges and uncertainties. Ultimately the Government affirmed support for digital contribution and transmission costs, and for the long-standing principle that community broadcasters will have access to digital broadcasting capacity on a basis affordable to the community sector.

Also vitally important is that analog transmission costs remain affordable to community broadcasting. The transmission support fun is critical to the viable operation of many community stations. The CBAA continues to provide advice and assistance on deliberations relating to transmission support funding. General Technical Planning and Policy Scrutiny of the use of radiocommunications spectrum is increasingly intense. Broadcasters make use of spectrum that is ‘plum’. Quite appropriate, as broadcasting is the only way to ensure the reliable and free delivery of key cultural, social or even safety-of-life messages to the general public, on low cost readily available equipment. Broadcasting plays a vital social role.

However, spectrum in frequency bands that can reach people inside buildings and is generally pervasive is valuable and there are plenty of alternative uses apart from broadcasting. The Government is certainly looking at all possible uses for broadcast spectrum upon closure of analog television. Digital radio and other mobile media delivery technologies are in the mix. Telecommunications and business strategists continue to circle.

The government has a duty to ensure spectrum is used in an efficient and effective manner. During the past year the CBAA has provided inputs to numerous processes leading to a set of possible principles for spectrum management by ACMA and the Government. A five year plan has been developed. Individual band planning and issues continue to be addressed.

These issues continue to be the subject of strenuous debates and processes. It is within that environment that no cost use of spectrum - or resulting digital capacity - by not for profit community based groups comes under the spotlight. It is a precious resource that community broadcasters rely upon and therefore should be retained and secured for the future.

At an individual level, the CBAA continues to provide stations with support and general assistance with regard to technical, planning and regulatory issues.

Apart from spectrum and broadcast planning issues, stations also face other changes. For example, Telstra has announced the closure of its analog program lines. Alternatives include radio links and/or a variety of digital circuits with varying quality of service outcomes. The CBAA has provided assistance with this at a station level but also in terms of negotiating with Telstra nationally.

The Broadcast Industry Technical Advisory Group (BITAG) continues to be a forum for co-ordination of industry views on industry technical regulation. BITAG now has a strengthened role and provides broadcast industry representation to the new Radiocommunications Consultative Council and ACMA TAG (Technical Advisory Group) and TWG (Technical Working Group) forums. I continue to be the chair of BITAG and am the nominee to the ACMA TAG.

The CBAA continues to operate program distribution systems using satellite, and increasingly IP based approaches. It sees a strong future in both.

The Digital Delivery Network (DDN) has been under re-development this year. There is limited funding for replacement of station end machines which has caused some difficulties. During the past year the CBAA has itself replaced most of the key computer systems that underpin the satellite and DDN playout facilities. The aim is to ensure reliability. The old machines were over six years old and becoming unreliable. They are the mainstay of the entire system. Extra Digital Planning and Policy During this year the role of the Technical Consultant was extended to carry out extra tasks specific to the Digital Radio technical planning and policy work.

The legislative and technical arrangements of Digital Radio require the community sector to adopt a collaborative approach with the commercial radio industry and, to a lesser extent, with the national broadcasters.

To that end, since July 2007 there have been formal, full day meetings held on at least a fortnightly basis, often weekly, to address technical planning, negotiations and design requirements.

In addition, a number of working groups have been intensely busy, including: Spectrum and RF planning: Head End equipment; Connectivity; Transmitters and Site Access; Multimedia Content; Systems Integration. These groups have been responsible for the detailed development of the general approach to planning, equipment selection and implementation.

Strong relationships have been consolidated through negotiations with relevant digital equipment and facility vendors, especially in respect of head end equipment and where there are community broadcasting specific requirements. Responses from vendors have been explicitly taking into account the requirements of the community broadcasting sector, even in responses to the commercial sector.

At a regulatory level, there was an intense period of work between September and December when ACMA was developing initial Digital Radio Channel Plans. Submissions were developed which recognised the need for additional transmitter power in order to achieve suitable grade reception for indoor portable devices. Detailed inputs were developed for submission by the CBAA to this process.

The channel plans were published in late December and ACMA is taking the view that the channel plans are a ‘work in progress’ to be consolidated late in 2008. Although flexible, this results in a high degree of extra work as the options for transmission are not nailed down. Regardless, specification and equipment provision has needed to occur to meet the implementation timetable. A spectrum and power flexible approach has therefore been taken where ever possible.

Other general work since December on antenna pattern shaping and transmission facility provision is needed in order to strike a balance between costs, maximum coverage as well as to minimise interference. Interference issues are significant and mitigation could present a cost burden to the community sector.

In late 2007 it was determined that cost estimates for implementation may exceed funding allocated for the community sector. As it turned out, estimates developed for the commercial sector in late December assumed a high capital cost start up. Detailed work was undertaken and representations made to Government. Revised cost estimates were developed in January 2008.

32 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

Extra Digital Planning and Policy (con’t) In addition, work was undertaken to develop support for a lower cost start up as being in the best interests of all broadcasters. Steps were taken to test this with transmission facility providers and as a result a ‘soft start’ has been negotiated. This measure, along with a series of others to contain or amortise costs, has resulted in significant savings.

Revised cost estimates were developed for the community sector’s pro-rata ownership share of capital costs. Additionally, a separate set of cost estimates was developed in March and April for the case of taking a non-owner access seeker / leased approach. The compilation of these detailed estimates for transmission capital and operational costs were detailed over a three year period and then set off against the funding available - so that stations could identify their own individual costs.

At the end of the financial year the commercial sector was yet to make such detailed cost estimates or to make them available to its members. The community sector required best estimates on costs ahead of this timetable in order to make decisions on shareholding interest in the transmission facilities, or whether to enter digital radio as ‘non-owner’ access seekers.

Throughout the period, technical and strategic input has been provided toward the development of legal instruments and approaches required by the legislation and strategic situations.

Extensive briefing was undertaken of lawyers, Minter Ellison, who were engaged to develop documentation on the technical, planning and strategic parameters concerned with Digital Radio implementation in general and the issues for the community sector specifically.

Throughout the period, detailed information has been developed together with clear and simplified materials to assist in negotiations regarding excess capacity, re-phasing of funding, infrastructure planning and cost impacts to individual broadcasting licensees. This material has also been provided to stations directly, to city based community broadcasting consortium groups, through regular meetings of the national Digital Radio Consultative Group, its predecessor committee and Working Group.

The provision of this level of detailed analysis, information and clear presentation of cost and arrangements has assisted in ensuring the $11.2 million support confirmed in the 2008 Federal Budget. Further work and engagement on all these matters is continuing at a pace.

At the time of writing, legislation requires the launch of digital radio by 1 January 2009. Legislative amendments are in train to effect a change of the deadline to 1 July 2009. Practical planning timetables indicate a switch-on target date in early 2009 with a public ‘launch’ in May.

The community sector intends to have key services in place in time for launch. Further services will follow. The exact arrangements for these services are under discussion.

Over the coming period the arrangements for capital shareholding and access arrangements also need to be fully and carefully worked through. There are strategic, technical, legal and regulatory issues that are brought into sharp focus as the licensing and access regulatory arrangements, technical and program supply interface points and cost parameters are worked through.

David Sice Technical Consultant

33 Community Broadcasting Association of Australia Limited A.C.N. 003 108 030 (A Company Limited by Guarantee) For the Financial Year ended 30 June 2008

CBAA Members (as at 30th June 2008)

Full Members – Radio 1ART 92.7 FM 2DRY 107.7 FM 2NCR 92.9 FM 2VOX 106.9 FM 3HOT 106.7 FM 3WAY 103.7 FM 4NAG 91.3 FM 5MBS 99.9 FM 6SON 98.5 FM 1CMS 91.1 FM 2EAR 107.5 FM 2NIM 102.3 FM 2VTR 89.9 FM 3INR 96.5 FM 3WBC 94.1 FM 4NSA 101.3 FM 5PBA 89.7 FM 6TCR 89.7 FM 1VFM 89.5 FM 2EZY 90.5 FM 2NSB 99.3 FM 2WAR 98.9 FM 3JOY 94.9 FM 3WPR 101.3 FM 4OUR 101.5 FM 5RAM 107.9 FM 6TTT 97.3 FM 1WAY 91.9 FM 2FBI 94.5 FM 2NUR 103.7 FM 2WAY 103.7 FM 3MBR 103.5 FM 3WYN 88.9 FM 4RED 99.7 FM 5RCB 104.9 FM 6YCR 101.3 FM 2AAA 107.1 FM 2GCR 103.3 FM 2NVR 105.9 FM 2WCR 99.5 FM 3MBS 103.5 FM 3ZZZ 92.3 FM 4RFM 96.9 FM 5RCB 99.3 FM 7BOD 93.7 FM 2AIR 107.9 FM 2GLA 101.5 FM 2OCB 107.5 FM 2WET 103.1 FM 3MCR 99.7 FM 4BAY 100.3 FM 4RGL 91.9 FM 5ROX 105.5 FM 7DBS 106.1 FM 2ARM 92.1 FM 2GLF 89.3 FM 2OOO 98.5 FM 2WKT 107.1 FM 3MDR 97.1 FM 4BCR 94.7 FM 4RHI 94.1 FM 5RRR 107.3 FM 7EDG 99.3 FM 2BAB 92.7 FM 2HAY 92.1 FM 2PAR 101.9 FM 2WLF 101.9 FM 3MGB 101.7 FM 4BI 1197 AM 4RIM 100.1 FM 5TCB 106.1 FM 7HFC 103.3 FM 2BAR 93.7 FM 2HHH 100.1 FM 2PSR 100.9 FM 2WOW 100.7 FM 3NOW 98.9 FM 4BRR 91.5 FM 4RRR 101.7 FM 5THE 107.7 FM 7HRT 95.7 FM 2BAY 99.9 FM 2HIM 89.7 FM 2QBN 96.7 FM 2XX 98.3 FM 3NRG 99.3 FM 4BSR 101.5 FM 4SDA 104.9 FM 5TRX 105.1 FM 7LTN 103.7 FM 2BBB 107.3 FM 2HOT 102.9 FM 2RDJ 88.1 FM 2YAS 100.3 FM 3OCR 104.7 FM 4BVR 95.9 FM 4SDB 89.3 FM 5UMA 89.1 FM 7RGY 95.3 FM 2BCB 100.1 FM 2KRR 98.7 FM 2REM 107.3 FM 2YOU 88.9 FM 3PBS 106.7 FM 4CBL 101.1 FM 4TCB 99.9 FM 5UV 101.5 FM 7RPH 864 AM 2BCR 100.9 FM 2LIV 94.1 FM 2RES 89.7 FM 3APL 98.5 FM 3REG 90.7 FM 4CCR 89.1 FM 4TCR 92.9 FM 5WOW 100.5 FM 7TAS 97.7 FM 2BLU 89.1 FM 2LND 93.7 FM 2RRR 88.5 FM 3BBB 99.9 FM 3RIM 97.9 FM 4CRB 89.3 FM 4TTT 103.9 FM 5YYY 107.7 FM 7TFM 95.3 FM 2BOB 104.7 FM 2LRR 89.7 FM 2RSR 88.9 FM 3BBR 103.1 FM 3RPC 99.3 FM 4CRM 107.5 FM 4WBR 105.1 FM 6CRA 100.9 FM 7THE 92.1 FM 2BRW 96.3 FM 2LVR 97.9 FM 2SEA 104.7 FM 3BGR 103.9 FM 3RPP 98.7 FM 4CSB 90.7 FM 4YOU 98.5 FM 6DBY 97.9 FM 7WAY 105.3 FM 2CBA 103.2 FM 2MAX 91.3 FM 2SER 107.3 FM 3CH 100.7 FM 3RRR 102.7 FM 4DDB 102.7 FM 4ZZZ 102.1 FM 6EBA 95.3 FM 8EAR 106.9 FM 2CBD 91.1 FM 2MBS 102.5 FM 2SNR 93.3 FM 3CR 855 AM 3RUM 88.7 FM 4DDD 89.9 FM 5BBB 89.1 FM 6HFM 107.3 FM 8KIN 100.5 FM 2CCC 96.3 FM 2MCE 92.3 FM 2SSR 99.7 FM 3ECB 98.1 FM 3SCB 88.3 FM 4EB 98.1 FM 5CCR 94.5 FM 6KCR 102.5 FM 8KTR 101.3 FM 2CCR 90.5 FM 2MCR 100.3 FM 2SWR 99.9 FM 3EON 96.5 FM 3SER 97.7 FM 4FCR 107.5 FM 5CST 88.7 FM 6MKA 98.3 FM 2CHR 96.5 FM 2MFM 92.1 FM 2TEN 89.7 FM 3GCB 103.9 FM 3SFM 99.1 FM 4FRB 96.5 FM 5DDD 93.7 FM 6NEW 92.9 FM 2CHY 104.1 FM 2MIA 95.1 FM 2TLC 100.3 FM 3GCR 104.7 FM 3SYN 90.7 FM 4GEM 95.1 FM 5DUS 104.5 FM 6NR 100.1 FM 2COW 107.9 FM 2MNO 93.3 FM 2TRR 101.5 FM 3GDR 95.7 FM 3TSC 89.9 FM 4K1G 107.1 FM 5EFM 89.3 FM 6PRK 98.1 FM 2CUZ 106.5 FM 2MVH 92.5 FM 2TVR 96.3 FM 3GRR 104.7 FM 3UGE 106.9 FM 4MBS 103.7 FM 5FBI 92.7 FM 6RCI 105.3 FM 2CVC 103.1 FM 2MWM 88.7 FM 2UNE 106.9 FM 3HCR 90.9 FM 3VKV 92.5 FM 4MIG 105.7 FM 5GSFM 90.1 FM 6RTR 92.1 FM 2DCB 94.3 FM 2NBC 90.1 FM 2UUU 104.5 FM 3HHH 96.5 FM 3VYV 99.1 FM 4MW 1260 AM 5GTR 105.7 FM 6SEN 90.5 FM

Associate Members - Radio Affiliate Members - Radio Gloucester Broadcasters Associates Inc NSW 8CCC Community Radio Incorporated NT St Arnaud Development & Tourism Association VIC Aboriginal Resource and Development Services NT 1530 AM Temora Community Radio NSW Bridgetown Community Radio WA Bundaberg Burnett Community Broadcasting Assoc Inc QLD 96.3 FM Bundaberg Media Aboriginal Corporation QLD 96.3 FM Castlemaine District Radio Inc VIC Central Victorian Community Broadcasters VIC 89.5 FM Central Victorian Gospel Radio Inc VIC 101.5 FM CTV Collie Community Radio WA 1089 AM Diversitat VIC 94.7 FM Fleurieu Christian Broadcasters Inc SA 96.5 FM Full Members C31 Melbourne VIC Harvey Mainstreet Inc WA 96.5 FM Hedland Community Radio Inc WA 101.3 AM Lambing Flat Community Broadcasters NSW 92.3 FM Associate Members Lord Howe Island Radio Station Association NSW 100.1 FM Bushvison SA Mid West Aboriginal Media Association WA 100.5 FM Linc TV NSW Milton Ulladulla and Districts Community Radio Inc NSW 102.7 FM Television Adelaide SA Mitchell Community Radio VIC 97.1 FM Narrandera Community Radio NSW 91.1 FM Affiliate Members Norfolk Island Radio 89.9 FM CTV Perth WA Plains FM NZ 96.9 FM SKA TV VIC Radio Alexandrina Community Broadcasters Inc SA 96.5 FM Slice TV NSW Radioactive Broadcasters SA Riverland Christian Radio SA 93.9 FM Smithfield Community Radio. QLD 101.9 FM Southern Midlands Community Radio TAS 97.1 FM Strengthening Goldfields Community Radio Inc VIC 99.1 FM The Octapod Association NSW Tiaro Shire Council QLD Vale Vision Community Radio and TV Association NSW West Wyalong Community Radio NSW Whitsunday Region Community Radio Association QLD World Music Radio TAS Wyong Gosford Progressive Community Radio NSW 94.9 FM YAAMA FM NSW 87.6 FM Youth and Community FM NSW 92.5 FM St Arnaud Development & Tourism Association VIC 97.3 FM

34 Community Broadcasting Association of Australia Limited www.cbaa.org.au ACN 003 108 030 Suite 1, Level 3 44-54 Botany Rd Alexandria NSW Australia 2015 Ph: 02-9310-2999 Fax: 02-9319-4545 Email: [email protected]