Josh Frydenberg says tech companies’ threats to pull services out of Australia did them a ‘big disservice’

Josh Frydenberg has warned the internet giants it is “inevitable” they will pay for news content and their threats to shut down core functions in Australia do them a “big disservice”.

At a doorstop on Sunday, the treasurer said the Morrison’s government intended to become a “world leader” in regulating social media and search companies, who he accused of shifting the goalposts in their opposition to the proposed bargaining code of conduct.

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