As part of their 2015 budget, Australia is set to introduce a new tax on ‘intangible’ digital imports which will include media from television and film all the way to video games.

Nicknamed the ‘Netflix tax’ by the Australians, it’ll add 10% to the price of any purchasable download from outside Australia and has been introduced to combat the fact that digital downloads are not subject to the country’s Goods and Services Tax.

Australian federal treasurer Joe Hockey said about the tax: “It is plainly unfair that a supplier of digital products into Australia is not charging the GST whilst someone locally has to charge the GST. When the GST legislation was originally drafted, it did not anticipate the massive growth in the supply of digital goods like movie downloads, games and e-books from overseas.”

The tax is set to add a further 350 million Australian dollars to the pot over the next four years. It’ll have an effect on Steam, Netflix and many other big online e-shops around the net.