Learn through insight

Australia's social media age restrictions will soon be in effect. From 10 December 2025, providers of social media platforms must take reasonable steps to prevent users under 16 years from having accounts – the "social media minimum age obligation". Earlier this year we looked at age assurance developments both in Australia and abroad. At that time, questions remained as to which social media platforms would be excluded and whether further clarity would be provided as to what steps providers need to take to comply. Recent developments provide further guidance.

Australia is overhauling its substantial holding rules so that physically-settled and cash-settled swaps, options, and other equity derivatives are included in the "5% plus" disclosure requirements. This is intended to align Australia’s regime with global transparency standards.

Given the highly fact-specific nature of the "true employer" test Mosaic Brands is a useful decision about the factual circumstances for challenging artificial “employer of record” structures that lack commercial substance, and the associated risks of such arrangements undermining the Fair Entitlement Guarantee (FEG).