Is there a plan to start fining the social media companies themselves? Or raise their liability thresholds?

This is sort of like the illegal-immigration debate. If you’re serious about fixing it, go after employers. Same for underage social media users. If you want to actually solve it, you have to penalize the platforms.

<s there a plan to start fining the social media companies themselves? Or raise their liability thresholds?>

they will apparently be fined around AUD$50M if they fail to do due diligence (not sure how the legislation phrases. I am not sure if any social media company has at this stage. Unfortunately we have a dictator as a so-called e-safety commissioner backed up by an equally useless PM who seem to think all parents are unable to monitor themselves or their kids online behaviour

This is the plan in the UK, yes: https://www.facebook.com/watch/?v=4500988470135094