The legislation would impose fines of up to 50 million Australian dollars ($33 million) on platforms for systemic failures to prevent young children from holding accounts.

Australia Prime Minister Anthony Albanese said on Monday social media firms would be required to destroy personal data used to verify ages of users, as part of what the government says is a world-leading ban on under-16s using the services.

Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country's Prime Minister, Anthony Albanese, confirmed