Australia politics live: Telstra pays CEO $6.8m for year despite nationwide outage; Victorian premier tells student protesters against Pauline Hanson to ‘stay in school’

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Vicki Brady still paid close to $7m despite 20% of her bonus being docked by the company. Follow today’s news live

Legislation forcing tech companies to pay for Australian journalism to be introduced

The government will today introduce its legislation forcing tech companies to pay for journalism in Australia after making a series of 11th-hour changes and reaching an agreement with the Coalition.

That obligation to enter into at least eight deals is if they want to fully acquit. So it still will be open to tech companies to only partially offset their obligation. But if they want to fully offset their obligation, there have to be at least eight deals. In addition to that obligation, there’s a 200% offset for small and medium players. So that’s also a very strong incentive for them to enter into agreements with regional media, with CALD media and LGBTQI and other smaller players.

Andrew was sharing his personal views in his speech, the National Press Club. We are going through our policy development process. We’re doing it carefully. We’re doing it deliberately.

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