Opened the debate
Chaney moved seven amendments to increase the grant pool for small news businesses from five per cent to fifteen per cent of levy revenue. Chaney argued that the current five per cent allocation was insufficient to sustain independent community journalism, particularly in regional and multicultural areas. The amendments sought to define small news business corporate groups as those with annual income under $20 million and require platforms to direct at least 12.5 per cent of new eligible expenditure to these smaller entities. Chaney contended that the existing scheme excluded publishers who were too large for the safety net but too small to negotiate commercial deals, creating a gap that stranded independent outlets.