As parliament returns, the Turnbull government is moving to dump rules that threaten detention centre workers with prison for disclosure as a high court challenge continues. Follow it live…
Negotiations continue ahead of the senate debating media reforms this week. The bill would scrap the two out of three rule, so media could control television, newspapers and radio stations in the same market and the reach rule, 75% reach rule, which prevents Nine Entertainment, Seven West Media and the Ten Network from owning their regional affiliates.
Communications minister Mitch Fifield argues the new media landscape means that Australian media companies need to be able to grow to protect themselves against bigger global companies.
We need to have a very thorough inquiry and action on the power of Facebook and Google. They have been complete disruptors in a very negative way in the sense they can cannibalise existing content of existing media outlets. And Facebook and Google are raking in more than $4 billion year in advertising revenue which is cutting away from traditional media and hurting journalism, quality journalism in this country.
In case you missed it, Gareth Hutchens reports:
Six hundred of Australia’s biggest private companies could finally be forced to publish their high-level tax information, under a new push by Labor to repair a notorious piece of legislation.