Australia has taken a bold step to ensure tech giants compensate news publishers for content, with Prime Minister Anthony Albanese announcing draft laws on April 28, 2026. The proposal targets Meta, Google, and TikTok, requiring them to negotiate payments to local media outlets or face a 2.25% revenue levy and potential fines. This move builds on the 2021 News Media Bargaining Code, aiming to address declining ad revenues in traditional journalism. Radio-Canada+2
The draft legislation introduces a dual approach: platforms must either strike voluntary commercial deals with publishers or pay a mandatory percentage of their Australian revenue. Google and Meta previously resisted similar measures, but the new rules threaten sanctions for non-compliance. The government estimates the levy could generate A$200 million annually for struggling newsrooms. Toronto Star+1
Australia's policy mirrors global efforts to regulate tech giants, following Canada's Online News Act and the EU's Digital Markets Act. Critics, including Meta, call it a "wealth transfer," while supporters argue it ensures fair compensation for journalism. The bill emphasizes platforms' "significant bargaining power imbalance" over publishers. ABC News+1
The Australian Communications and Media Authority will oversee compliance, with penalties including fines up to A$10 million. While local media groups applaud the move, tech firms warn it could limit news access. Prime Minister Albanese stated: "This is about sustaining democracy's fourth estate." The bill is expected to pass parliament by late 2026. Asahi Shimbun+1