The announcement covers a month of bitter dispute between the US tech firm and Canberra, which was working on legislation that would force tech platforms to pay news publishers for content.
The agreement “will enable us to support the publishers we choose, including small and local publishers,” Campbell Brown, Facebook’s vice president for global news partnerships, said in a statement. She added that the company would be covering news on Facebook in Australia in the coming days. ‘
According to Australian Communications Minister Paul Fletcher, Facebook has notified the government of its decision.
The announcement also comes as the Australian Senate discusses the latest version of the media law, which was first introduced last summer.
The Australian government said on Tuesday it would amend the code to include a provision that “must take into account whether a digital platform has made a significant contribution to the sustainability of the Australian news industry through, among other things, commercial agreements with news media enterprises, “measures.
“The government has made it clear that we will retain the ability to decide whether news will appear on Facebook so that we will not automatically be subject to a forced negotiation,” Brown said. ‘It has always been our intention to support journalism in Australia and around the world, and we will continue to invest in news worldwide and resist the efforts of media conglomerates to promote regulatory frameworks that do not take into account the true exchange of values between publishers and platforms like Facebook. ‘
Kerry Flynn contributed to this report.