The show airs four days a week on ABC 2 and has struggled with low ratings throughout its two seasons. The show's low ratings are often the butt of host Tom Ballard’s jokes.

An ABC spokesman said the show was being axed to make way for a “fresh approach” in finding new, younger audiences.

“Tonightly deliberately pushed boundaries to inform and entertain,” he said. “We are proud of the program and its role in supporting some of Australia’s best emerging comedy talent.

“Our thanks go to the very talented team members for their hard work and dedication in producing a complex and cracking show in quick time, over some 150 episodes. We look forward to working with them again in the future.”