Finance minister Mathias Cormann says "technological change" resulting in search engines, social media platforms and digital content aggregators "have had a significant impact on competition in traditional media and advertising markets".
The ACCC has released a landmark report that examines the impact of social media platforms and search engines on the digital media and marketing space.
The government is a step closer to blocking foreign fighters from returning to Australia for up to two years, after parliament backed the move on Thursday.
Treasurer Josh Frydenberg says that Facebook and Google "need to be held to account" in response to calls from the Australian Consumer and Competition Watchdog to crack down on major tech giants operating in Australia.
A Sydney councillor who is arguing for a statue to be built in the Warringah electorate to honour former Prime Minister Tony Abbott, has accused colleagues of mocking his proposal.
The Trump administration has reinstated the US government's power to order the death penalty for federal crimes and has started by immediately scheduling five executions.
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