Department of the Treasury

News Bargaining Incentive modelling

4417, 4418, 4419 Released 5 pages PDF

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The release comprises four FOI-disclosed documents relating to the News Bargaining Incentive (NBI), including a preliminary estimates sheet, revenue data tables, a costing model, and a 2024 initial revenue estimates paper. Much of the content is redacted under sections 47C, 47E(d) and 38. The disclosed material shows Treasury used publicly reported figures for in-scope platforms (Alphabet $8.4 billion, Meta $4.7-$5.1 billion, ByteDance $174 million for 2022) because tax secrecy prevents ATO data sharing. Treasury estimated first-round deals under the News Media Bargaining Code at $200-$250 million a year, about 1.5 per cent of Australian revenue, and proposed setting the incentive rate at 1.5 per cent multiplied by a deduction rate. The documents note ByteDance revenue later rose to $679 million by 2024. Internal disagreement or rejected options are not evident in the released text.

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