On 20 August 2026, the Australian parliament approved the News Media Bargaining Charge Bill 2026, the News Media Bargaining (Administration) Bill 2026, and the Treasury Laws Amendment (News Media Bargaining) (Consequential) Bill 2026. The legislation establishes the framework for imposing a News Media Incentive (NMI) charge targeting large parent entities and their service groups that operate significant social media or search services in Australia. The NMI charge is imposed at a rate of 2…