United Kingdom, June 29 -- Australia is planning to double the maximum fines for social media companies that fail to comply with the country's landmark ban on under-16s holding accounts, as the government seeks to strengthen enforcement of the world-first legislation.

The Anthony Albanese government announced on Sunday (28.06.26) that the maximum penalty for systematic breaches of the law will rise from AUD 49.5 million to AUD 99 million (around $68 million).

The increased penalties bring the legislation into line with sanctions available under Australia's consumer protection laws.

Communications Minister Anika Wells said the tougher measures were necessary because technology companies were still not doing enough to keep children off t...