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Story summary
- Australia’s draft legislation will charge Meta, Google and TikTok 2.25% of their annual Australian revenue if they fail to secure news-content agreements.
- Prime Minister Anthony Albanese announced the proposal while visiting Malaysia, offering the platforms a chance to negotiate with local publishers.
- Albanese said large digital platforms cannot avoid obligations under the news media bargaining code.
- University of Canberra research found more than half of Australians rely on social media for news.
