Sydney’s community radio station 2SER risks closing its doors after more than 45 years of operation, following the loss of key funding from Macquarie University last year.
Funding Crisis Hits Station
Based at the University of Technology Sydney (UTS) Ultimo campus near ABC headquarters, 2SER operates under joint ownership by UTS and Macquarie University. Station manager Cheryl Northey informed staff on Tuesday that the failure to replace Macquarie’s previous contributions threatens closure as early as July.
Northey outlined several survival options in an email to employees, including efforts with the board to secure new funding or partnerships. Sources familiar with the situation reveal that universities like the University of NSW and the University of Sydney received outreach only in mid-March, months after Macquarie withdrew support in September.
Financial Details and Challenges
Macquarie University contributed $325,000 in 2024 before ending its funding, citing the need to prioritize education, research, and financial sustainability. The university provided 15 months’ notice to aid transition planning. UTS supplies core funding of $300,435 annually, plus additional grants totaling over $400,000.
Despite these constraints, 2SER recorded an operating surplus of $80,000 in 2024 on $1.23 million in revenue, primarily from grants, with employee costs around $700,000. Listener contributions and sponsorships supplement income. The station’s audience expanded by 20% last year, supported by grants from organizations like Meta and the Walkley Foundation, exceeding $200,000.
Community radio faces broader pressures, including reduced international student fees impacting university budgets. UTS has implemented its own $100 million in cost-saving measures, making additional support unlikely.
Explored Survival Strategies
Northey and the board have pursued new university partners but now focus on sustainable long-term models. Options include transferring the broadcast license to a lower-cost not-for-profit group.
“Should the station close this year, which could be as early as July, 2SER must do the right thing by our staff,” Northey stated. “A decision to close would not be taken lightly, and work is being done to avoid that.”
Legacy of Talent Development
2SER serves as a vital training hub for journalists and broadcasters. Notable alumni include ABC personality Robbie Buck, Labor Minister Tanya Plibersek—who studied journalism at UTS—and former ABC Sydney manager Steve Ahern. Sources note that despite early warnings, management delayed aggressive pursuit of replacements.
