Treasury Official Rejects Calls to Ban Social Media Platforms

Published on June 26, 2024

Treasury Assistant Secretary Tony McDonald has rejected the idea that Australia should outright ban social media platforms that do not follow Australian rules. This comes after News Corp Australia Executive Chairman Michael Miller suggested banning Meta for intending to leave the News Media Bargaining Code and stop paying news organisations for Australian content on its platforms. Mr. Miller also proposed including other popular social media platforms, such as YouTube and TikTok, in the Code due to their rapid growth and influence as news sources. During a parliamentary hearing on June 25, Mr. McDonald was questioned about the Treasury’s stance on the issue and potential measures to make social media platforms adhere to Australian regulations....

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