News Media Bargaining

Written by Claude Haiku 4.5 from the extracted text on 10 Jul 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

The release includes a media query response and an ABC Radio National interview transcript concerning the News Bargaining Incentive. A journalist asked Treasury to confirm which platforms would be captured by the scheme, whether LinkedIn fits the "significant social media or search services" definition, and whether Microsoft executives made representations to government about the incentive's design. Treasury's draft response deferred specifics, stating the legislation would be released later and noting ongoing stakeholder consultation. In a separate 29 April 2026 interview, Assistant Treasurer Daniel Mulino outlined the proposal to tax Meta, Google and TikTok at 2.5 per cent of Australian revenue, with expected annual revenue of $250 million to be distributed to media companies. Mulino framed the measure as necessary to address digital platforms' market power and support independent journalism.