In an effort to compete with the superior sounding FM music stations,  the Australian government introduced AM stereo. Many capital city music  stations on the AM band began broadcasting in AM stereo from January 1  1984. There was only one problem...new AM stereo receivers were  expensive, and most models were made for cars. Only the high end  domestic models sounded any good. The marketing was rather low key also.
Secondly,  the FM stations were rapidly increasing in popularity. The first  commercial FM stations around Australia went to air around mid 1980.  Within a few years they dominated the market, with FM 104 (later Triple  M) in Brisbane peaking at a massive 35 share in 1985. A figure never  achieved by any station since.
Legendary Brisbane powerhouse Top  40 AM station 4IP became Radio 10 in 1982 and invested heavily in new  state of the art studios and relocated to a new building on Coronation  Drive in early 1984. In fact they spent so much they even had the studio  desk and cart machines customized in blue which can be seen in the  video.
Culture Club began their fist Australian tour in July 1984  at the peak of their success. Boy Georges first official duty was to  open the new Radio 10 studios. It was quite a big event.
However,  despite mostly owing the teen market, they could never compete with the  giant that was FM 104, whose positioning statement was 'Rock In  Stereo'. In another effort to slow down 104, Radio 10 became Stereo 10  in 1985. It didn't work. By 1988, Stereo 10 gave up the FM fight and was  no more. They changed format to become the short lived 'Lite & Easy  1008'. Then when that didn't work, they tried to recapture their former  glory as the new 4IP with a fairly nondescript format. Bizarrely, the  first record played was The B52s 'Channel Z'. 4IP too was very short  lived rating only a 3 when Brisbane's second FM station B105 (the former  4BK) rated 26 in its first survey, toppling the then Triple M down to a  16 share.
It was all over for 4IP/Radio 10/Stereo 10. Owned for  many years by the Catholic Church (as was 2SM & 3XY) it was sold to  the TAB and became a racing station as it still is today. Unsurprisingly, they now broadcast in AM Mono.
In fact, all AM  music stations eventually switched their AM stereo transmitters back  to mono, mostly because mono increased the transmission reach.