Tech giants face a new levy to pay for Australian news. What is the proposed model and how will it work? This news story explains the govt is hitting Big Tech with a 2.25% levy to "save journalism." The reality is most of this cash goes straight to News Corp and Nine, not your local independent reporter. It goes against the push the govt had for media diversity. News Corp & co took govt grants during COVID and then immediately axed 100+ regional papers in the middle of a pandemic with the government offering the funding to keep them open. The levy will make it harder for small, indie news sites to compete. It locks in the big two while they treat Australia like a joke, not even paying income tax for more than a decade. They spent years gutting their own newsrooms. Now they want us to support a tax that pays them for the damage they did. The government is obviously managed by news corp and co.…