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News Corp boss slams government’s proposed changes to big tech tax

The media giant’s local executive chairman, Michael Miller, says a change in what type of revenue will be taxed will hurt the quality of journalism.

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AI · summaries

smh.com.au16 h fa

Tech industry slams ‘cosmetic’ changes to news levy, US renews ‘extortion’ claim

Australia implemented a 2.5% levy on US tech firms' ad revenue—Meta, Google, TikTok, LinkedIn—to fund journalism. Trump administration denounces it as "extortion"; signals geopolitical friction over digital taxes with potential global spillover.

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afr.com1 g fa

‘Deeply misled’: Labor’s tech tax could cause job losses at Nine, News

Australia raised digital ad levy to 2.5% on Google, Microsoft, Meta; News Corp and Nine risk major funding cuts. Tech signal: media regulation backfires. Policy damages publishers it aimed to protect, raising unforeseen compliance complexity.