An amendment to the Online Safety Act to legislate a minimum age of access (16 years) has been introduced into parliament this morning. It provides a definition of 'age-restricted social media platform' and increased fines for non-compliance: https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r7284
'The Bill does not dictate how platforms must comply with the minimum age obligation. However, it is expected that at a minimum, the obligation will require platforms to implement some form of age assurance, as a means of identifying whether a prospective or existing account holder is an Australian child under the age of 16 years.'