TV bosses in Australia have responded to the reports Home and Away is set to axed after 31-years on air.

Earlier this month, there had been rumours that the long-running soap, which airs on RTÉ 2 in Ireland, was set to be cancelled or moved over a drop in ratings. 

The possible changes were said to include taking the soap out of its traditional Seven Network time slot of 7.00pm in Australia.

However, the reports have now been called "utter drivel" and fans have been assured that they have nothing to worry about.

Speaking to Metro, Angus Ross, Director of Network Programming, confirmed that the show was not going anywhere.

"There are absolutely no plans to move it from its 7PM time slot on the main channel," he said.

"The hard-working cast and crew on Home and Away produce the most-loved and most-watched Australian drama on television".

One of the soap's stars, Lynne McGranger (Irene Roberts), also hit back at the reports last week, telling one fan that it was the "first [she's] heard of it".

"I'm seeing all this stuff but I honestly have heard nothing. It may be true.... but then again I apparently was definitely leaving the Bay 18 months or so ago." 

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