Jane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

The code will support a diverse and sustainable Australian news media sector by requiring those digital platforms to pay fairly for the content that they use. Australian news media businesses can re-invest in the public interest journalism that is so vital to our economy and to our democracy. This is particularly important in regional Australia, where many papers have ceased printing or have closed altogether. Regional media businesses will be able to seek remuneration through a range of options, including: standard offers, where digital platforms can make standard offers to news media businesses, and this provides a way for smaller media businesses to avoid the often time consuming and costly bargaining and arbitration processes; or through collective bargaining and collectively engaging in arbitration, where the digital platform allows cost and resource sharing between smaller regional media businesses.