I'm torn on the ABC, I think they are responsible for some excellent journalism at times as they are able to perform some investigative tasks that aren't really in a private institutions best interests.
However they're also responsible for some horrendously biased coverage and stories, the perfect illustration of which was their claim that men who infrequently attend church are the most likely to commit domestic abuse. Which was a gross misrepresentation of the study they had cited and was a blatant attempt at islamic apologism. This was the most flagrant case of intellectual dishonesty I'd seen from the ABC and (despite not being christian) left me with a very sour taste in my mouth. Thankfully media watch chastised baird and co. for their garbage reporting but I don't believe any of the journalists or hosts responsible were ever formally disciplined.
In my opinion the future of the ABC is in their own hands, if they stay relevant and relatively partisan they have a future as a publicly funded institution. However if they continue their drive to the left and increase their output of regressive garbage the public will rightfully call for their dissolution and they will have no one but themselves to blame.