'Inevitable' Google and Facebook will pay for Australian news, treasurer says

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.