For those that are unaware, the 'Deadly' awards were set up almost 20 years ago to recognise achievement by indigenous people. It is clear that two of the many problems in respect to indigenous people in Australia are recognition of indigenous achievement by the white majority and self-worth of the indigenous minority in the face of constant belittling in much of the established media, not to mention politicians. See the comment by Abbott in the image attached. So, in this respect the generally positive (if muted) reporting on the 'Deadly' awards has been a significant benefit. One of Hockey's many cuts in the budget was to the organisation that ran the 'Deadlies' meaning that they are no more. I'm not sure if the money saved is being used to fund the new 'Knight' and 'Dame' awards that Abbott has brought back or not, but it sure isn't funding anything of benefit to the Aboriginal population has funding has been cut across the board, see a list here.
What we can do is campaign for the awards to be reinstated, sign the petition at Change.org here. Incidentally, shortly after the announcement of the funding cut, Gavin Jones, the founder of the Deadlies was found dead.