• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Australia Senate committee backs bill to ban social media for children

by November 27, 2024
written by November 27, 2024

By Renju Jose

SYDNEY (Reuters) – An Australian Senate committee has backed a bill that would ban social media for children under 16 but said social media platforms should not force users to submit personal data such as passport and other digital identification to prove their age.

Australia plans to trial an age-verification system that may include biometrics or government identification to enforce a social media age cut-off, some of the toughest controls imposed by any country to date.

Prime Minister Anthony Albanese’s centre-left Labor government is rushing to pass the bill, largely supported by the opposition Liberal party, by the end of the parliamentary year on Thursday.

In its report published late on Tuesday, the Senate’s environment and communications legislation committee said social media platforms “must set out alternative methods for assuring age as reasonable steps with consideration given to the age assurance trial.”

A progress report on the age assurance trial must be submitted by the communications minister to the parliament by Sept. 30, 2025, the committee said as it urged the government to “meaningfully engage” with youth when framing the law.

“Young people, and in particular diverse cohorts, must be at the centre of the conversation as an age restriction is implemented to ensure there are constructive pathways for connection,” committee Chair Senator Karen Grogan said.

Some independent lawmakers have criticised the government for trying to pass the legislation in a week. The bill was introduced last Thursday, submissions on it closed on Friday, and a brief hearing was held on Monday.

In separate submissions, Google (NASDAQ:GOOGL) and Facebook-owner Meta Platforms (NASDAQ:META) said the social media ban should be delayed until the age-verification trial finishes. Bytedance’s TikTok said the bill needed more consultation, while Elon Musk’s X said the proposed law might hurt children’s human rights.

The planned law would force social media platforms to take reasonable steps to ensure age-verification protections are in place. Companies could be fined up to A$49.5 million ($32 million) for systemic breaches.

($1 = 1.5451 Australian dollars)

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Exclusive-S.Korea pension fund recently selling dollars in forex market, sources say
next post
China faces slower growth in 2025 as tariff risks loom – BofA

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Sign up and get the scoop before anyone else—fresh updates, and secret deals, all wrapped up just for you. We're talking juicy tips, fun surprises, and invites to events you actually want to go to. Don’t just watch from the sidelines—jump in and be part of the magic!








    By signing up, you're cool with getting emails from us. Don’t worry — your info stays safe, sound, and strictly confidential. No spam, no funny business. Just the good stuff.

    Recent Posts

    • Elon Musk’s SpaceX acquires xAI

      February 25, 2026
    • The architect of Amazon’s supply chain on running a startup with your spouse

      February 25, 2026
    • Trump administration alleges Nike discriminated against white workers

      February 25, 2026
    • Landmark trial accusing social media companies of addicting children to their platforms begins

      February 25, 2026

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (688)
    • Stock (6,426)

    Latest News

    • Elon Musk’s SpaceX acquires xAI
    • The architect of Amazon’s supply chain on running a startup with your spouse

    Popular News

    • Exclusive-Boeing, Airbus to share Taiwan’s China Airlines passenger jet order, sources say
    • Macquarie sees potential CAD rise with Canada’s political shift

    About The Significant deals

    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy