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The Australian Government is implementing a new levy-based incentive and a $99.1 million grant program to bolster news media.
David Kennedy · Venture InsightsPeriod: February 20254 min read
Last updated
Minimum Australian gross annual revenue for digital platforms to be captured by the new scheme
Total grants committed over three years for the News Media Assistance Program starting 2025-26
In December 2024 the Australian Government announced two initiatives designed to support public interest reporting. The first was a new scheme to ensure global social media platforms contribute to local news reporting activities. The second was an enhanced News Media Assistance Program (MAP) to provide direct support to news organisations. Both are responses to a globalising media ecosystem that is reducing its support for local public interest reporting. Australia’s old media industry was never purely market-oriented. The right to publish and broadcast was always associated with a commitment to journalism in the public interest - or at least not against the public interest. As this system gradually erodes under the pressure of a globalising ad market, a new compact between government and media is emerging.
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