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Treasurer's big stick turns into a nudge

The Treasurer's big stick has turned into a nudge that he hopes will compel the digital giants to pay publishers commercial prices for news.

John Kehoe
John KehoeEconomics editor

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Josh Frydenberg has navigated the fraught task of imposing a world-leading revenue sharing model on two combative parties.

The federal Treasurer was wedged between the world's most valuable companies threatening to pull their digital services from Australia and local media publishers wielding the power to influence the political views of millions of voters.

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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com

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    Original URL: https://www.afr.com/technology/the-treasurer-s-big-stick-turned-into-a-nudge-20201208-p56lnr