The news code's passing also ends a fierce, three-year battle with the tech giants, which has escalated in recent weeks. Treasurer Josh Frydenberg this morning said the laws were "world-leading" and would have a positive impact on the Australian media landscape. "This legislation will help level the playing field and see Australian news media businesses paid for generating original content." "It will benefit Australian media organisations and it already has," she said. Australia's battle to regulate elements of the tech giants had also just begun with the news code, he said.

Source: New Zealand Herald February 25, 2021 00:11 UTC