Steelman · slot A
The public-good case for paying for news
A media-policy advocate aligned with Australia's Labor government would argue —Platforms like Meta, Google, and TikTok built ad businesses that hollowed out the journalism their users rely on, and then walked away from the voluntary deals they signed under the 2021 Bargaining Code the moment it became inconvenient. A 2.25 percent levy — fully offset at 150 to 170 percent if a company strikes commercial agreements — isn't a punishment; it's a floor that makes the cost of free-riding on Australian reporting higher than the cost of paying for it. The expected A$200–250 million flows directly to journalists. A democracy is entitled to use its tax code to ensure that companies extracting value from its information ecosystem contribute to sustaining it.