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Labor has narrowed a proposed tax on the world’s largest technology companies to revenues made from digital advertising in Australia as it finalises a new mechanism it hopes will incentivise deal making with news publishers that will result in more funding for journalism.
The final detail of the long-awaited News Bargaining Incentive will also show the Albanese government has backflipped on a carve-out for professional networking sites, bringing Microsoft-owned LinkedIn within its scope.
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