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Australia passes law forcing tech giants to pay for news or face levy

Australia passes law forcing tech giants to pay for news or face levy

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Australia’s Parliament on Thursday passed the News Bargaining Incentive, requiring major tech firms to strike commercial deals with local news publishers or face a levy on their Australian advertising revenue.

According to Tribune, the law targets platforms like Meta, Google, TikTok and LinkedIn earning over A$250 million locally. Companies avoiding agreements with at least eight publishers face a 2.5% levy, offset by deal values, with smaller outlets attracting a 200% offset. The government said the legislation sends a clear message for platforms to “pursue commercial deals” to support Australian journalism.

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