Senate debates

Wednesday, 24 February 2021

Bills

Treasury Laws Amendment (News Media and Digital Platforms Mandatory Bargaining Code) Bill 2021; In Committee

9:46 am

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

This is all about outcomes. We have made our expectations very clear, and the news of the recent deals that have been done is proof that Google understands our expectations and, indeed, now so does Facebook. The government has not indicated that it will hold off on the designation process. We're very much focused on getting the code through parliament, first and foremost. We have indicated that Google and Facebook can reach commercial agreements outside of the code. It strengthens the hands of the digital platforms to make a case to the Treasurer that designation might not be needed. We have been very clear that nothing currently prevents Google or Facebook from reaching a commercial agreement outside of the code. Indeed, this bill provides a pathway for such deals. The bill is obviously still in parliament—we want it to become law—so it's premature to say that a decision has been made about a designation.

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