Updated

Media groups to push Meta for payment after Labor announces TikTok tax

Ronald Mizen and Amelia McGuire

Dec 12, 2024 – 2.18pm

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Media companies will push for Facebook owner Meta to return to the negotiating table, after Labor announced it would force tech platforms including TikTok owner ByteDance to pay hundreds of millions of dollars in new taxes unless they strike deals to pay for Australian news.

Apple and Microsoft could also be caught by the new policy with their Apple News and LinkedIn products respectively if they meet the threshold of having Australian revenue greater than $250 million a year.

Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra.

Amelia McGuire covers technology from the AFR's Sydney newsroom. She was previously the aviation, tourism and gambling reporter for The Sydney Morning Herald and The Age.