This was rushed through with a public comment period of 24 hours.
It's going to be a mess, while the spirit is well intentioned it has edge cases up the wazoo, foot guns galore, and stinks of back door government ID for adults.
Pretty much the only media outlet in Australia that stood up with questions and non fawning commentary was Crikey:
eg: https://www.crikey.com.au/2024/11/26/teen-social-media-ban-s...
and: https://www.google.com/search?q=site%3Acrikey.com.au+social+...
This was deeply rooted in traditional media ( Murdoch News et al ) in AU putting pressure on the Government in AU to take action against Facebook & Co. after the ceasation of payments for linking to news media.
for-profit media unapologetically uses what little influence they have left to smear their competitors, hence all the drivel: "think of the children / fear the evil russians!" about social media and "think of the copyright holders / fear the evil terminators!" about AI.
God wills it, ten years from now they will all be out of job. The publications will still be there, of course, but the shilling will be delegated to LLMs prompted by Bangladeshi youths for $5 a day, with a few meatsack editors to set the tone.