Australia hikes levy for tech giants that fail to strike local news deals

1 pointsposted 5 hours ago
by 1vuio0pswjnm7

1 Comments

tdu01

4 hours ago

Totally the wrong way to go at this. To a tradie with a hammer, every problem is a nail. Although there is a concession, levy on applies on the advertising revenue, it erodes confidence in the digital business operating environment, stifles innovation and investment. This will make people local and overseas think about establishing a start up in Australia. The talent will also seek opportunities overseas as that's where the investments will be.