The government’s plan to fund Australian journalism through a levy on digital platforms rests on a sound premise: a healthy democracy depends on reliable information.
But this latest attempt — following the shortcomings of the News Media Bargaining Code — is a high-risk move.
We live in an era of polluted information with serious consequences for public debate and democratic health. In addition, professional journalism no longer holds the central role it once did in informing citizens or shaping political consensus.
Many Australians, particularly younger people, get their news and information from social media and increasingly from influencers and AI chatbots. ChatGPT alone has almost one billion weekly users globally.
Meanwhile, Australian influencers such as Konrad Benjamin, a former high school teacher breaking down politics for under-30s under the name Punter’s Politics, attract millions of likes, often surpassing mainstream outlets.
A complex, fragmented media environment
What is clear is that professional journalism is only one part of today’s fragmented information landscape. That landscape is increasingly polluted by misinformation and conspiracy theories that erode trust and weaken democracy. Globally, democracy is backsliding, with measurable decline for 20 consecutive years.
The United States offers a cautionary example of a deeply polarised information environment where falsehoods can spill into political violence. Properly supporting professional journalism is a means to filter extremism and help citizens distinguish fact from fiction.
Most Australians have little confidence in their own abilities to spot misinformation, with 74% reporting they find it difficult. This problem becomes urgent during election campaigns, when political falsehoods could potentially sway votes.
The Albanese government is responding to these threats in acknowledging the importance of journalism with draft legislation for a News Bargaining Incentive (NBI). It is a new scheme designed to fund Australian reporting by requiring digital platforms with revenues above $250 million (explicitly Google, Meta and TikTok) to contribute to a funding pool to be shared with public-interest news providers.
Why it’s a high-risk move
So why is this a high-risk endeavour that may meet the same fate as the NMBC, which saw Meta and, more recently, Google step back from paying for news content?
First, the positives. From the pooled funds it will generate stable funding for journalism even if platforms do not do deals, much needed for regional media and start-ups where funding is critical. In this way it also addresses a criticism of the NMBC, which was skewed to major media players such as News Corp and Nine.
It is also a stronger “stick” than the NMBC, imposing a 2.25% charge on high-revenue platforms unless they secure sufficient agreements with publishers, creating an incentive to negotiate.
But does it go far enough? Some independent media operators fear their outlets could still miss out on making deals under a 25% per-recipient cap that effectively means only four deals with big outlets need be done to be eligible for the offset.



