In an unprecedented move, Australian Prime Minister Anthony Albanese has introduced a legislative proposal aimed at banning children under 16 from accessing social media platforms. This initiative, announced on Thursday, seeks to require social media companies to verify users’ ages and ensure that minors are not able to use their services. Failure to comply would […]
Australia Prioritises Wholesale CBDC Over Retail Version
In a significant shift in digital currency strategy, the Reserve Bank of Australia (RBA) has announced its intention to focus on the development of a wholesale central bank digital currency (CBDC) rather than a retail version. This decision stems from considerations of practicality and benefit, as the RBA believes a wholesale CBDC represents an evolutionary […]
Australia’s New Law to Combat Misinformation: A Game Changer for Social Media Giants
Australia has taken a bold step in the global fight against misinformation with a new law aimed at holding social media platforms accountable for the content they host. This legislation comes amid rising concerns about the potential impact of misinformation on democracy, public health, and critical infrastructure. For tech giants like Meta and X (formerly […]
Australia Considers Age Limits for Social Media Use: A Response to Growing Concerns
Australia has announced a significant proposal to impose age limits on social media usage, aiming to safeguard children’s mental and physical health. Prime Minister Anthony Albanese’s recent announcement highlights a plan to conduct an age verification trial before formalizing the law, with proposed age limits expected to range from 14 to 16 years. This proactive […]
Australia Introduces New AI Regulations
In a significant response to growing global concerns about artificial intelligence (AI) and its potential risks, particularly in the realm of misinformation, Australia is advancing a new regulatory framework. The guidelines, announced by Industry and Science Minister Ed Husic, aim to ensure human oversight and transparency in AI systems. As misinformation proliferates online, fueled by […]
Transgender Woman Wins Landmark Discrimination Case in Australia
The legal landscape surrounding gender identity rights in Australia witnessed a significant shift with the recent ruling by the Federal Court in favor of Roxanne Tickle, a transgender woman who was removed from the female-only social networking app, Giggle for Girls. This court ruling is a pivotal moment, marking the first time the court addressed […]