Australian Prime Minister Anthony Albanese said on Tuesday that his country is preparing draft laws under which it would impose taxes on giant technology companies Meta, Google and TikTok, unless they voluntarily conclude deals to pay sums of money to local news outlets. Australia wants big tech companies to compensate local publishers for sharing articles that drive traffic to their platforms.

Published on: 04/28/2026 - 10:19 Last updated: 04/28/2026 - 10:25

Prime Minister Anthony Albanese revealed on Tuesday that Australia is preparing draft laws under which it would impose taxes on technology giants Meta, Google and TikTok, unless they voluntarily conclude deals to pay sums of money to local news outlets.

Albanese added that if it refused, it would face a mandatory tax of up to 2.25% of its Australian revenue.

He told reporters, "Large digital platforms cannot evade their obligations under the media negotiation law," noting that "at this stage, the three organizations are Meta, Google, and TikTok."

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Traditional media companies around the world are in a battle for survival, with readers increasingly turning to social media for news.

Australia wants big tech companies to compensate local publishers for sharing articles that drive traffic to their platforms.

Prime Minister Anthony Albanese said Meta, Google and TikTok would be given the opportunity to strike content deals with local news publishers.

The Australian University of Canberra concluded that more than half of the country's population uses social media as a source of news.

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