It does look pretty awful: "Although the Treasurer, in making the determination, must consider whether there is ‘a significant bargaining imbalance between Aus

It does look pretty awful: "Although the Treasurer, in making the determination, must consider whether there is ‘a significant bargaining imbalance between Australian news providers and the group comprised of the corporation and all of its related bodies corporate’ the determination is not invalid for failure to consider this (s 52C(3))." So there is only one factor they're required to consider for that portion, but they can choose to ignore it without apparent consequences. You can tell this was written specifically as a blatant money grab, something more legitimate would have factors beyond "because we say so" even if only to provide cover.