# The government released draft legislation Tuesday it intends to introduce to Parliament by July 2.

*business · news · 2026-04-29 · NDTV.com*

## Key points

- Australia proposes a 2.25% tax on Meta, Google, and TikTok's Australian revenue if they don't pay publishers.
- This legislative move follows platforms' avoidance of renewing prior deals by removing news from their services.
- Income from the tax would be distributed to news organizations based on journalist employment numbers.
- Google criticizes the draft law for excluding rivals like Microsoft, Snapchat, and OpenAI from the tax.
- The government estimates the tax would raise 200 to 250 million Australian dollars annually.

**Companies:** Meta Platforms, Google
**Countries:** Australia, United States

[Read the full story on NDTV.com](https://www.ndtv.com/world-news/australia-proposes-to-tax-meta-google-tiktok-to-fund-journalists-11423252)

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