The Australian Broadcasting Corporation (ABC) is the national broadcaster of Australia. It is principally funded by direct grants from the Australian Government and is administered by a government-appointed board. The ABC is a publicly-owned body that is politically independent and fully accountable, with its charter enshrined in legislation, the Australian Broadcasting Corporation Act 1983. ABC Commercial, a profit-making division of the corporation, also helps to generate funding for content provision. The ABC was established as the Australian Broadcasting Commission on 1 July 1932 by an act of federal parliament. It effectively replaced the Australian Broadcasting Company, a private company established in 1924 to provide programming for A-class radio stations. The ABC was given statutory powers that reinforced its independence from the government and enhanced its news-gathering role. Modelled after the British Broadcasting Corporation (BBC), which is funded by a television licence, the ABC was originally financed by consumer licence fees on broadcast receivers. Licence fees were abolished in 1973 and replaced by direct government grants, as well as revenue from commercial activities related to its core broadcasting mission. The ABC adopted its current name in 1983. The ABC provides radio, television, online, and mobile services throughout metropolitan and regional Australia. ABC Radio operates four national networks, a large number of ABC Local Radio stations, several digital stations, and the international service Radio Australia. ABC Television operates five free-to-air channels, as well as the ABC iview streaming service and the ABC Australia satellite channel. News and current affairs content across all platforms is produced by the news division. History Origins After public radio stations were established independently in the state capitals from 1924, a licensing scheme administered by the Postmaster-General's Department was established, allowing certain stations (with "Class A" licences") government funding, albeit with restrictions placed on their advertising content. In 1928, the government established the National Broadcasting Service to take over the 12 A-Class licences as they came up for renewal, and contracted the Australian Broadcasting Company, a private company established in 1924, to supply programs to the new national broadcaster. After it became politically unpopular to continue to allow the Postmaster-General to run the National Broadcasting Service, the government established the Australian Broadcasting Commission (ABC) on 1 July 1932, under the Australian Broadcasting Commission Act 1932. to take over the Australian Broadcasting Company and run the National Broadcasting Service. The ABC became informally referred to as "Aunty", originally in