Politics
Australia Proposes Tax on Major Tech Firms to Support Journalism
The Australian government is set to introduce a revenue tax on Meta, Google, and TikTok, aiming to bolster funding for newsrooms. Draft legislation is anticipated by July.
Editorial Staff
1 min read
Updated 8 days ago
In a move to support journalism, the Australian government plans to impose a revenue tax on major tech companies, including Meta, Google, and TikTok.
The funds generated from this tax are intended to be allocated to support news reporters and enhance media coverage.
Draft legislation outlining the specifics of the tax is expected to be introduced to Parliament by July 2026.