In recent years, broadcasters have begun forming networks to create economies of scale for programming and to reduce costs. Open narrowcasting services Narrowcasting services are important for providing diversity in broadcasting. Their relatively low start-up and operating costs allow for a wide range of different organisations and individuals to provide services. Open narrowcasting radio services have their reception limited in some way. Founded in 1930, FARB is the peak industry association for the commercial radio sector, with more than 200 members representing 98 per cent of the sector.
Membership is wide-ranging and includes large metropolitan operators as well as small independents.
FARB is responsible for formulating, administering and reviewing the Commercial Radio Code of Practice. Its member services include industrial relations, education and training, marketing, engineering and copyright advice as well as annual industry awards. The Australian Government determines the level of federal Budget funding for each, but does not have editorial control or programming responsibility. A Board of Directors appointed by the Australian Governor-General governs each statutory corporation and appoints their Managing Directors. The Boards are independent of Government in determining their operational policies.