for those missions has been withdrawn.
The bill would have allowed the Australian Communications and Media Authority to generate enforceable rules surrounding misinformation that happens on digital platforms.
Michelle Rowland, the Communications Minister said in a statement that the bill would have “ushered in an unprecedented level of transparency, holding big tech to account for their systems and processes to prevent and minimize the spread of harmful misinformation and disinformation online.”
She also added, “based on public statements and engagements with Senators, it is clear that there is no pathway to legislate this proposal through the Senate.”.
Even more so, Tech Crunch reported that Elon Musk criticized them in a single word when a revised version of the bill was introduced in September.
Since then, the European Union has been investing in the role of X’s in extending misinformation. The law would have made possible fines of up to %6 of the global annual revenue for breaches that are confirmed.
Australia has made several steps toward a healthier online environment for its population. They are looking forward to a space where hatred and online misinformation would not exist.
Even more so, Reuters reported that Australia’s Prime Minister Anthony Albanese said on Monday that social media first would need to destroy any personal data that has been used to verify the ages of users. This is part of the Australian government's movement in order to ban under 16s from using the services.
Albanese told the parliament on Monday "There will be very strong and strict privacy requirements to protect people's personal information, including an obligation to destroy the information provided once age has been verified”.