Google, Meta and TikTok face new levy to pay for Australian news as Albanese reveals media plan

Government’s draft news bargaining incentive scheme includes 2.25% levy on local revenues of digital giants

Anthony Albanese has urged Google, Meta and TikTok to make deals with Australian media outlets to avoid a dedicated 2.25% levy on local revenues, warning digital giants should not be able to exploit the work of journalists to boost profits.

Releasing an exposure draft for the government’s news bargaining incentive (NBI) scheme on Tuesday, the prime minister said platforms who sign new deals with publishers to pay for news content would receive offsets of between 150% to 170% from the new levy.