fˈɔːɹmɚli nˈoʊn æz ðə fˌɛdɚɹˈeɪʃən ʌv ɔːstɹˈeɪliən kəmˈɜːʃəl tˈɛlᵻvˌɪʒən stˈeɪʃənz fˈækts, ænd kəmˈɜːʃəl tˈɛlᵻvˌɪʒən ɔːstɹˈeɪliə sˌiːtˌiːvˌiːˈeɪ, ðə bˈɑːdi pɹəmˈoʊts ˈædvɚtˌaɪzɪŋ ˌɔn tˈɛlᵻvˌɪʒən, lˈʊks ˈæftɚ sˈɜːʔn̩ ˌɛndʒɪnˈɪɹɪŋ stˈændɚdz, hˈændəlz ðə klˌæsɪfɪkˈeɪʃən ʌv ˈædvɚtˌaɪzɪŋ klˈɪɹ ˈædz, ænd dʒˈɛnɚɹəli pɹəmˈoʊts ðɪ ˈɪntɹɛst ʌv ɪts mˈɛmbɚz ðə fɹˈiː tʊ ˈɛɹ kəmˈɜːʃəl nˈɛtwɜːks.
Formerly known as the Federation of Australian Commercial Television Stations (FACTS), and Commercial Television Australia  (CTVA), the body promotes advertising on television, looks after certain engineering standards, handles the classification of advertising (ClearAds), and generally promotes the interest of its members (the free to air commercial networks).