Australia is proposing a new tax on digital giants like Meta, Google, and TikTok to support journalism. The draft legislation aims to encourage these companies to pay news organizations for the content they use. This follows a previous law that pressured platforms to make deals with news publishers, which they have since avoided by removing news from their services. The proposed tax would be 2.25% of their Australian revenue if they don’t make commercial deals with news publishers. The government expects this to raise significant funds, which would be distributed to news organizations based on their number of journalists. The platforms argue that they already provide value to news organizations by hosting their content. This proposal highlights the ongoing debate about how digital platforms should compensate content creators and support journalism.
QUESTION: How might this proposed tax on digital platforms impact the way young people access news and information online?
Australia moves to tax Meta, Google and TikTok to fund newsrooms
