✅ Yes, the content seems to be true and authentic, as reported by several sources.

These, include:

1. Australia passes social media ban for children under 16 - https://www.pbs.org/newshour/world/australia-passes-social-media-ban-for-children-under-16 (Trust Score 8/10)

- The platforms will have one year to work out how they could implement the ban before penalties are enforced.

2. Could Australia's ban on social media for people under 16 work in other countries? - https://www.pbs.org/newshour/world/could-australias-ban-on-social-media-for-people-under-16-work-in-other-countries (Trust Score 7/10)

- The law will make platforms including TikTok, Facebook, Snapchat, Reddit, X, and Instagram liable for fines of up to 50 million Australian dollars for systemic failures to prevent children younger than 16 from holding accounts.

3. Australia bans social media for kids under 16 - https://m.thenationaldesk.com/news/fact-check-team/australia-enacts-worlds-first-social-media-ban-for-children-under-16-tiktok-facebook-snapchat-x-anthony-albanese-restrictions-legislation-cellphones-kids-online-safety-act-congress (Trust Score 8/10)

- The new law requires social media companies to take "reasonable steps" to prevent anyone under 16 from creating an account, with companies failing to comply facing fines of up to $33 million.