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The Online Safety Amendment Bill 2024 mandates age assurance for social media platforms with a 12-month implementation window.
David Kennedy · Venture InsightsPeriod: November 20244 min read
Last updated
Maximum penalty for corporate bodies (150,000 penalty units)
Legislated minimum age for social media access
This report analyses the passage of the Online Safety Amendment (Social Media Minimum Age) Bill 2024, a landmark piece of legislation requiring social media platforms to take reasonable steps to prevent users under 16 from holding accounts. While the Misinformation Bill failed to pass the Senate, the age-limit legislation secured bipartisan support. The report examines the 12-month implementation timeline, the role of the ongoing age assurance trials, and the significant financial penalties of up to $49.5 million for corporate breaches.
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