Lifting the ban means local news publications and sites – including news.com.au – will be back on Facebook, with content once again allowed to be shared in coming days.
“Australian news will be restored to the Facebook platform, and Facebook has committed to entering into good faith negotiations with Australian news media businesses and seeking to reach agreements to pay for content,” Treasurer Josh Frydenberg told reporters.
Mr Frydenberg thanked Facebook co-founder and CEO Mark Zuckerberg “for the constructive nature of the discussions we have had over the course of recent days”.
“It has been a difficult process, but these are really important issues. These are important issues because the purpose of the code and the purpose of the Morrison Government’s intentions have been designed to sustain public interest journalism in this country,” he said.
“That is why we have sought to put this code in place, that is why the now-Prime Minister, then the Treasurer, commissioned the ACCC to undertake this groundbreaking review a number of years ago.”
Mr Frydenberg added that “there is no doubt that Australia has been a proxy battle for the world”.
“I have no doubt that so many other countries are looking at what is happening here in Australia, because of this innovative code, that the Australian Government, the Morrison Government is now pursuing, so Facebook and Google have not hidden the fact that they know that the eyes of the world are on Australia, and that is why they have sought to get a code here that is workable,” he said.
Australian news platforms will start returning to Facebook in the coming days.
Facebook also confirmed the news, saying in a statement it was “pleased that we’ve been able to reach an agreement with the Australian government and appreciate the constructive discussions we’ve had with Treasurer (Josh) Frydenberg and (Communications) Minister (Paul) Fletcher over the past week”.
Mr Frydenberg said in a statement earlier: “The amendments will strengthen the hand of regional and small publishers in obtaining appropriate remuneration for the use of their content by the digital platforms.
“These amendments will provide further clarity to digital platforms and news media businesses about the way the Code is intended to operate and strengthen the framework for ensuring news media businesses are fairly remunerated.”
The amendments included taking “into account whether a digital platform has made a significant contribution to the sustainability of the Australian news industry through reaching commercial agreements with news media businesses”.
Facebook Australia and New Zealand’s managing director William Easton said: “We have consistently supported a framework that would encourage innovation and collaboration between online platforms and publishers,” the social media giant said.
“After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognise the value our platform provides to publishers relative to the value we receive from them.
“As a result of these changes, we can now work to further our investment in public interest journalism and restore news on Facebook for Australians in the coming days.”
Facebook and Google both initially responded with fury, with Google threatening to pull its search engine from the country during an inquiry in January.
Mr Frydenberg held “constructive” discussions with Facebook boss Mark Zuckerberg over the weekend, where he “reiterated the Morrison government’s commitment to implementing the code and seeing journalists rewarded for generating original content”.