Australia is moving to compel tech giants Meta , Google , and TikTok to contribute financially to the news industry, proposing a new levy on their revenue. Draft legislation, unveiled on Tuesday, aims to be introduced to Parliament by 2 July, creating a mechanism for these platforms to compensate news organisations for their journalism . However, the tech companies have criticised the plan, labelling it a "digital services tax" that misinterprets the advertising landscape and will not foster a sustainable news sector. Australian Prime Minister Anthony Albanese stated that "a monetary value needed to be attached to journalists’ work." “It shouldn’t just be able to be taken by a large multinational corporation and used to generate profits for that organisation with no compensation appropriate for the people who produce that creative content,” Albanese explained to reporters. “We think that investment in journalism is critical to a healthy democracy,” he added.…