Australia Lawmakers Recommend Tax on Big Tech to Support Media (1)

Oct. 22, 2024, 7:26 PM UTCUpdated: Oct. 22, 2024, 10:29 PM UTC

An Australian Parliamentary panel recommended the country’s government consider enacting a digital platform levy on Big Tech companies like Meta Platforms Inc. and Google to support media outlets.

The Australian Parliament’s Joint Select Committee on Social Media and Australian Society recommendation was made in a larger report issued Monday detailing its findings about how social media affects Australian society.

The committee had input from several journalist organizations that suggested the Australian government institute some form of tax on big US tech companies after Meta—the parent company of Facebook and Instagram—didn’t renew deals with Australian news outlets to use content on ...

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