August 12, 2026 — 10:30pm

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Prime Minister Anthony Albanese has reversed a late change to a scheme forcing tech giants to pay for news, clinching a deal with Opposition Leader Angus Taylor that media firms hope will lead to hundreds of millions of dollars in new revenue.

Powerful news bosses from this masthead’s owner Nine and News Corp revolted last week after Labor reduced the cut that any one media outlet would receive from a tech firm’s payout from 25 per cent to 17 per cent of the total levy each social media platform is charged. This…

Read the full article at SMH.COM.AU