Tech giants face new levy to pay for Australian news as Meta calls position 'simply wrong'
TLDR
- Australia’s draft News Bargaining Incentive imposes a 2.25% levy on local revenues from platforms unless they strike deals with publishers.
Key Facts
- The scheme targets platforms with Australian revenue over $250m and 5–10 million Australian users, currently capturing Meta, Google, and TikTok.
- Platforms that sign deals with publishers receive offsets up to 170% of the levy; excess offsets carry forward.
- The government expects the plan to raise up to $250m annually for Australian journalism.
- AI platforms including OpenAI are excluded; the government says AI will be addressed through separate copyright processes.
Why It Matters
- Meta and Google both rejected the scheme publicly, setting up a potential standoff before legislation reaches parliament in the winter sitting period.
- The plan replaces the Morrison-era code after Meta stopped renewing deals worth about $70m to compensate for news content on its platforms.
Tom McIlroy, Josh Butler — The Guardian · 2026-04-28 · Read the original