Tech giant Meta criticises the Australian government's plan to make social media companies pay for news, calling it a "grossly unfair" and "discriminatory tax".

Two major lobby groups representing US tech giants say the News Bargaining Incentive is the latest policy that could dampen investment in Australia.

A plan to force Meta, Google and TikTok into compensating Australian media companies has drawn the unfiltered ire of Mark Zuckerberg’s $2.1 trillion giant.