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Australia Proposes Levy to Compel Tech Giants to Pay for News Content

The Albanese government introduces a financial incentive targeting platforms like Meta and Google to support Australian journalism.

  • The Australian government has proposed a 'news media bargaining incentive,' a levy aimed at pressuring tech platforms to negotiate payment deals with news publishers.
  • Platforms that refuse to enter agreements would face a levy regardless of whether they host news content, potentially making non-compliance more costly.
  • The initiative builds on the 2021 News Media Bargaining Code, which previously led to over $200 million in deals but has seen Meta withdraw from renewing agreements this year.
  • The government hopes to avoid outcomes like Canada’s, where Meta blocked news content entirely in response to similar legislation, causing significant harm to local journalism.
  • A public consultation paper on the proposed scheme will be released in early 2025, leaving platforms like Meta time to evaluate their response.
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