Large platforms would need deals with at least eight Australian news businesses or face a 2.5% charge on local digital-advertising revenue, while caps and earmarks seek to broaden distribution beyond the largest publishers.
Australian private equity firm Next Capital has signed an agreement to acquire Fujitsu's Australian data centre business, comprising five operational facilities across New South Wales, Victoria, Queensland and Western Australia. The transaction, expected to close later this year, will establish an independent Australian-managed platform with expansion plans.
Australian business conditions held steady at +3 in June for a third consecutive month, while confidence jumped to -5 from -14 in May, according to NAB survey. Easing cost pressures from a U.S.-Iran peace deal drove the improvement, though renewed Gulf hostilities have since pushed oil prices higher again.
