Trump wants ‘fair treatment’ in fight over Labor’s levy on tech giants to pay for news, US trade group warns
Summary
The Australian government plans to make more big tech companies pay for news content through an expanded News Bargaining Incentive (NBI). A major US trade group criticized the move, warning it could worsen trade relations with the US, while Australian experts say the plan does not do enough to support news outlets.Key Facts
- The Australian government wants to expand the NBI to include Microsoft’s LinkedIn and increase charges on tech platforms.
- The plan requires tech companies to pay news publishers for using their content, either through deals or a levy.
- The US National Foreign Trade Council (NFTC), representing companies like Meta, Microsoft, and Google, opposes the expansion.
- The NFTC warns the plan adds to negative trends in Australia’s tax and investment environment for US firms.
- Former Australian Competition and Consumer Commission chair Rod Sims supports the NBI but says it should raise more money for journalism.
- The proposed levy could generate $200 to $250 million for Australian media, similar to an earlier code from five years ago.
- Critics say the plan should include artificial intelligence platforms and increase funding beyond the current targets.
- Australian media leaders argue the changes weaken the incentive for tech platforms to make fair deals with news companies.
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