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Australia unveils a 2.25% levy on Meta, Google, and TikTok’s local revenues if they refuse to pay news publishers

The News Bargaining Incentive applies from 1 July 2026. Platforms that deal with news organisations get full or partial offsets against the levy. The legislation explicitly excludes pure AI chatbot services from coverage. Communications Minister Anika Wells and PM Albanese both announced the draft on Tuesday. The Australian government released draft legislation on Tuesday for […]

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Microsoft commits A$25 billion to Australia by 2029

The investment is Microsoft’s largest-ever in Australia and builds on an A$5 billion commitment from October 2023. It includes expanding Azure AI supercomputing capacity by more than 140%, extending the Microsoft-ASD Cyber-Shield to additional government agencies, and training three million Australians in AI skills by 2028. Microsoft has announced A$25 billion (approximately USD 18 billion) […]

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