Treasurer discusses code with media chiefs | Ralph-Lauren

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Treasurer Josh Frydenberg has spoken to the heads of Google and Facebook as he tries to make the digital giants pay for the Australian journalism they publish.

His news media bargaining code will be debated in federal parliament this week after being endorsed by a cross-party committee.

Tech giants have been pushing back against the bargaining code but Mr Frydenberg believes progress is being made.

“There are many eyes across the world that are focused on what Australia is doing right now,” he told ABC radio on Monday.

“We have made great progress over the course of the weekend – I think we’re very close to some very significant commercial deals – and in doing so, that will transform the domestic media landscape.”

Mr Frydenberg has spoken to Facebook founder Mark Zuckerberg and Google chief executive Sundar Pichai.

“They are very focused on what is happening here in Australia but I sense they are also trying to reach deals,” he said.

“Both the media proprietors and the digital giants recognise we have something that is workable here in Australia, something we can take forward, something that can ensure a sustainable media landscape, and something that will see journalism continue and journalists rewarded for generating original content.”


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