Steelman · slot B
A revenue grab dressed as media policy
A Meta policy lead would argue —Call this what it is: a digital services tax on a handful of American companies, levied on local revenue regardless of whether news appears on our platforms. News is roughly 3 percent of what people see on Facebook, and publishers post it because it benefits them — we don't take it. Meanwhile Canberra carves out AI companies, Microsoft, Snapchat, and OpenAI, even as those are precisely the products reshaping how Australians find news. That isn't principle; it's picking targets. Pair this with the under-16 social media ban and threats to sue for noncompliance, and the pattern is unmistakable: Australia has decided foreign platforms are a regulatory ATM.