Australia to Charge Big Tech New Levy to Pay News Companies for Content Australia has unveiled draft laws requiring tech giants to pay more for sharing news content, encouraging agreements with local media outlets. The proposed incentive offers a lower payment rate if deals are reached, aiming to ensure the sustainability of Australian journalism. Prime Minister Anthony Albanese emphasized the government’s commitment to making digital platforms fulfill their obligations.

• Australia has introduced draft laws for a news bargaining incentive.
• Tech giants will face higher payments for sharing news content unless they reach agreements with Australian media.
• If deals are struck, platforms will pay 1.5% of local revenue; otherwise, 2.25%.
• Prime Minister Anthony Albanese stated the goal is to ensure Australian journalism is sustainable.
• The government aims to ensure large digital platforms meet their obligations.