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Albanese unveils 2 per cent revenue hit for tech giants who shun news deals

  • Posted on April 28, 2026
  • By The Age
  • 0 Views
  • 1 min read
In brief

Prime Minister Albanese introduces groundbreaking draft legislation imposing a 2 percent revenue tax on technology companies refusing to negotiate news licensing agreements. This bold policy move aims to level the playing field between digital platforms and traditional media outlets, despite potential friction with a pro-technology Trump administration. The initiative seeks to ensure fair compensation for news content while promoting sustainable journalism in an increasingly digital landscape.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Albanese unveils 2 per cent revenue hit for tech giants who shun news deals
Albanese unveils 2 per cent revenue hit for tech giants who shun news deals

Despite the risk of a backlash from the pro-tech Trump administration, the prime minister has released draft laws proposing a tax on tech firms’ revenue.
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Author
The Age

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