New Levy Proposed for Google, Meta and TikTok to Support Australian Media
Prime Minister Anthony Albanese announces a proposed 2.25% levy on local revenues of Google, Meta, and TikTok as part of a new news bargaining incentive scheme. The scheme encourages these digital platforms to negotiate payments with Australian media outlets for news content, offering offsets of 150% to 170% for those who comply.
Read the full story at The Guardian AU→