Australia plans to force parental consent for minors on social media

The new proposed rules would put Australia among the most stringent countries in terms of age controls for social media, and build on efforts to rein in the power of Big Tech. Under the draft law, privacy watchdog — the Office of the Australian Information Commissioner — would receive full investigation and enforcement powers, with the ability to fine a corporation up to 10 million Australian dollars, 10% its annual turnover or three times the financial benefit of any breach

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Australia plans to make social media companies obtain parental consent for users under the age of 16 and is threatening fines of up to 10 million Australian dollars ($7.5 million) for internet platforms which fail to comply, under draft legislation published on Monday.
Social media companies, which include anonymous forums like Reddit and smartphone dating apps like Bumble, would also be required to take all reasonable steps to determine users' ages and prioritize children's interests when collecting data, the Online Privacy Bill said.
The new proposed rules would put Australia among the most stringent countries in terms of age controls for social media, and build on efforts to rein in the power of Big Tech, following mandatory licensing payments for media outlets and plans to toughen laws against online misinformation and defamation.

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