The Australian government announced a tax on large digital platforms and search engines starting January 1, targeting companies earning over 250 million Australian dollars annually from Australia like Meta, Google, Alphabet, and ByteDance. The tax aims to encourage revenue sharing with Australian news media organizations, offsetting the tax through payments to the media. This move follows Meta’s decision not to renew deals to pay Australian news publishers, prompting the government to enforce revenue-sharing deals through the New Media Bargaining Code introduced in 2021.
Full Article
Starmer accused of ‘holding farmers in contempt’ after axing post-Brexit payment
Ministers are accused of showing "contempt" towards farmers by suspending applications for a post-Brexit payment scheme, sparking what is called a "war on farmers". Tory leader Kemi Badenoch criticized Labour for canceling the sustainable farming incentive just before tax returns were due, leading to anger among farmers and protests. Despite Labour's decision, Sir Keir Starmer pointed out that the Tories had also cancelled the scheme without sufficient notice in previous years, leading to further tensions...
Read more