Meta, TikTok tax was promised by Labor.
From the AFR:
Three of Australia’s biggest media companies have called on the newly elected Albanese government to commit to a firm timeline to fix the News Media Bargaining Code, more than after a year Meta announced it would not renew deals paying news publishers an estimated $70 million a year.
News Corp Australia executive chairman Michael Miller joined Nine Entertainment chief executive Matt Stanton and Seven West Media chief executive Jeff Howard in pushing for what they described as tangible action on the law, which forces big tech platforms to negotiate with news outlets to pay for news.
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