Asia & Pacific
The government said on Monday it increased the levy for its planned News Bargaining Incentive to 2.5 percent from 2.25 percent.
A 13-year-old boy poses at his home as he looks at social media on his tablet in Sydney on December 8, 2025. Australia will ban young teenagers from social media on December 10, 2025, launching a world-first crackdown designed to unglue children from addictive scrolling on the likes of Facebook, Instagram and TikTok. (AFP/Saeed Khan)
The Australian government has hiked a planned levy that will force tech giants to pay multimillion-dollar charges if they fail to strike commercial deals with local media outlets for news on their platforms.The government said on Monday it increased the levy for its planned News Bargaining Incentive to 2.5 percent from 2.25 percent.
In a change from an earlier proposal, the tax would only be calculated from a tech company's advertising revenue, rather than its entire business revenue, the government said.
