Australia intends to impose a 2.25% tax on the revenues of digital giants to finance journalism.

Australia has proposed legislation that would impose a 2.25% tax on the revenues of digital platforms such as Meta, Google, and TikTok, to support the funding of journalists. Prime Minister Anthony Albanese emphasized the importance of the value of journalists' work, stating that large corporations should not benefit from creative content without adequate compensation.

This is Australia's second legislative attempt to make platforms pay for news content. In the past, platforms have avoided renewing commercial agreements with news publishers, removing news content from their services.

The government estimates that the tax could generate between 200 and 250 million Australian dollars annually. Meta and Google have criticized the proposal, arguing that it does not reflect the reality of the advertising market and that they already have commercial agreements with the news industry. Albanese stated that Australia will make decisions in the national interest, regardless of external reactions.