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    MarketForces Africa » Foreign » Australia to Ban Social Media Access for Under 16 Children

    Australia to Ban Social Media Access for Under 16 Children

    Julius AlagbeBy Julius AlagbeNovember 7, 2024 Foreign No Comments2 Mins Read
    Australia to Ban Social Media Access for Under 16 Children
    Scott Morison, Australian PM
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    Australia to Ban Social Media Access for Under 16 Children

    Australian Prime Minister, Anthony Albanese on Thursday submitted a proposal to ban children younger than 16years from using social media.

    Albanese and Communications Minister Michelle Rowland pledged to legislate a minimum age limit of 16 years for social media access.

    The prime minister had previously announced an intention to introduce legislation to parliament for the age limit before the end of 2024 but had not committed to a specific cut-off age.

    He said that the legislation would take responsibility for enforcing the minimum age limit on social media platforms.

    “Social media is doing harm to our kids, and I’m calling time on it,” Albanese told reporters in Canberra.

    “It’s something of enormous concern, and we know the social harm that can be caused, and we know the consequences here.”

    Under the government’s plan, online platforms that fail to restrict access to children will face penalties.

    Neither users under 16 who manage to access social media nor their parents or guardians will be penalized.

    The ban will come into effect 12 months after the legislation passes parliament and will be enforced by the office of the government’s Safety Commissioner.

    “This is world-leading legislation, and we want to make sure we’ve got it right.

    ” We think there will be some, of course, exclusions and exemptions as well for this, to make sure that there aren’t unintended consequences, but we think this is absolutely the right thing,” Albanese said.

    Albanese said he would discuss the proposal with state and territory leaders at a special meeting on Friday.

    The federal budget for 2024-25 included funding to trial potential age-assurance technology options.

    Albanese and Rowland said that the results of the trial would inform how the new age limit is imposed.

    The federal opposition Coalition earlier in 2024 announced it would support a minimum age limit of 16.

    With the support of the Coalition, Albanese’s governing Labor Party would have the requisite votes to pass the legislation through both houses of parliament.#Australia to Ban Social Media Access for Under 16 Children#

    PSF Rwanda, LCCI Sign MoU to Strengthen Trade, Investment

    Australia Scott Morisson
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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    Nigeria Raises 10-Year Bond at 16.79%

    September 15, 2026

    𝐉.𝐏. 𝐌𝐨𝐫𝐠𝐚𝐧 𝐋𝐢𝐬𝐭𝐬 𝐅𝐆𝐍 𝐁𝐨𝐧𝐝𝐬 𝐢𝐧 𝐍𝐞𝐰 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐁𝐨𝐧𝐝 𝐈𝐧𝐝𝐞𝐱

    September 14, 2026

    Naira Trades Sideways, Interbank FX Turnover Slides by 38%

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