Facebook announced it would be restoring the Australian news pages that it blocked on Monday, Feb.22. The decision resulted from the talks between Mark Zuckerberg and the Australian officials.
Australians revised the proposed media code
As per CNN Business, Facebook is lifting the ban on news pages from Australian publishers after the government offered to amend the proposed News Media Bargaining Code that was initially created to force tech companies to pay for news content that appears on their platforms.
With the on-going talks, the Australian government agreed to modify the suggested policy that will be amicable with the American tech giant and other companies. The announcement just concluded the bitter dispute between Facebook and Australia that is pushing to pass a landmark bill for its local publishers.
“We’re pleased that we’ve been able to reach an agreement with the Australian government and appreciate the constructive discussions we’ve had with Treasurer Frydenberg and Minister Fletcher over the past week,” William Easton, managing director of Facebook Australia & New Zealand, said in an updated statement.
He added, “We are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns.”
Easton also said that as a result of the changes, Facebook can now work to push its investment in public interest journalism. The director further stated they would be restoring news for the Australians in the coming days.
The Australian government’s news policy amendments
On Feb. 23, Treasurer Josh Frydenberg confirmed they had revised the News Media and Digital Platforms Mandatory Bargaining Code, and it now includes the clause "a decision to designate a platform under the Code must take into account whether a digital platform has made a significant contribution to the sustainability of the Australian news industry through reaching commercial agreements with news media businesses."
Moreover, if the policy is turned into an official bill, it will require digital platforms to pay publishers and local media outlets to link their content in searches and news feeds. The officials will also take into account the agreements that tech firms like Facebook and Google already signed with local publishers and news media outlets before deciding if the code still applies to them.
Finally, the Australian government will give companies one month’s notice before making a final decision on agreements. There will also be a two-month mediation period to allow firms and publishers to negotiate before they are called for arbitration as a last resort.


China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom
Baidu Shares Surge After Official Launch of Advanced Ernie 5.0 AI Model
Wall Street Ends Mixed as Tech and Financial Stocks Weigh on Markets Amid Thin Holiday Trading
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy
ByteDance Finalizes Majority U.S.-Owned TikTok Joint Venture to Avert American Ban
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut
Trump Signs Executive Order to Limit Wall Street Investment in Single-Family Homes
Microsoft Restores Microsoft 365 Services After Widespread Outage
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks
Nintendo Stock Jumps as Switch 2 Becomes Best-Selling Console in the U.S. in 2025 



