Free NewsletterPro Login

Australia wants to let you turn off algorithmic feeds

Published Sep 8, 2026
Share:
Summary:
  • Canberra proposed "My Feed, My Way" so users 16 and up can pick a personalized feed or one limited to accounts they follow.
  • Platforms must prompt new and existing users to set a default or face penalties up to A$109.2 million ($79 million); the bill is planned for Parliament this year.
  • The proposal also covers AI chatbots and online games, as well as other digital services, and would require them to curb addictive design features for people under 18.

What the proposal would do

On Tuesday, Prime Minister Anthony Albanese's government put forward "My Feed, My Way," a plan requiring social platforms to give people over 16 a clear choice: opt into algorithmic recommendations or opt out and see only posts from friends and creators they follow. The draft is out for targeted consultation now, and platforms must alert new and existing users to select a default feed.

Albanese pitched it simply: "This is not about giving government control. It's about giving people control. It's about putting choice back into the hands of Australians online." He also called it "sensible, pragmatic, practical reform," saying it gives users choice and holds Big Tech to account for inaction.

Enforcement and timing

The government plans to introduce the package to Australia's Parliament this year. Companies that ignore the rules could be hit with fines up to A$109.2 million, equal to $79 million. The scope reaches AI chatbots and online games along with other digital services, obligating measures that protect under‑18s from addictive design elements.

How this fits with platforms and Australia's teen rules

Many big apps already offer some way to narrow what you see. TikTok has a Friends tab next to its recommendation feed. Facebook provides a friends-only view.

Instagram has Following and Favorites. YouTube provides a Subscriptions view, and on Snapchat, friends' Stories sit in a separate section, distinct from the public discovery content.

Even as technology changes how information reaches us, protecting your savings matters every day. Join Briefs Finance CEO Jaspreet Singh on September 29th for a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, where he shows how we're spotting investment opportunities as the dollar falls. Save your spot.

In the previous year, Australia became the world's first country to implement a social media ban for teenagers younger than 16. Albanese has hailed it as "world-leading," yet research from the eSafety Commissioner found that three months later, more than 81% of Australian children continued to use at least one age‑restricted platform, barely down from 86% before. The same report showed 58% of teens were on social media daily or more often, compared with roughly 60% prior. Elsewhere, the U.K., France and Spain have also pursued moves to limit kids' access to social platforms.

Why it matters for your money

Regulators are pushing platforms toward non‑algorithmic options and stronger guardrails for minors, and court cases are piling on. In August, Meta accepted a $18 billion settlement to resolve a landmark lawsuit filed by a coalition of U.S. states numbering in the dozens and led by California, which alleged the company misled users about harms to young people on Instagram and Facebook. As part of that deal, Meta agreed to roll out changes within months for users under 18, including a non‑algorithmic feed option, a two‑hour daily usage limit, and disabling extreme makeup and cosmetic surgery filters.

Earlier this year, a Los Angeles court ruled against Meta and YouTube in a social media addiction lawsuit brought by a plaintiff who argued features like autoplay and infinite scrolling harmed her mental health. And in March, a court ruled against Meta in a separate case from New Mexico Attorney General Raul Torrez, ordering over $900 million in penalties for violating child‑safety laws. Rob Bonta, California's attorney general and the lead on the latest trial against Meta, has said TikTok, YouTube and Snapchat are next.

If defaults shift and engagement levers get toned down, the way social apps keep attention could change, bringing new compliance costs and potential fines. Translation for your wallet: product tweaks that reduce time spent can ripple into growth and ad revenue, which is the engine for much of consumer internet.

Choosing where you get financial guidance is part of keeping wealth growing with confidence. Our CEO Jaspreet Singh is hosting a FREE live investor workshop, How to Profit From A Dollar That's Losing its Value, on September 29th. Sign up free to join him live.

Disclosure

Recent News

1 2 3 … 109

Get Market Briefs delivered to your inbox every morning for free!

No fluff. No noise. No politics. Just finance news you can read in 5 minutes.

Blogs

October 23, 2026
Are We in a Recession? 5 Threats to the Economy and Where the Money Is Moving
  • The S&P 500 is up about 13% this year, but without AI it's in a bear market, with nearly 40% of its companies down more than 20% for four months or longer.
  • Jackson, Briefs Finance's head of investing research, sees five threats: rising interest rates, sticky inflation, an economy propped up by AI, a struggling UK, and high oil prices.
  • The opportunities he's watching mostly sit outside the dollar: rising economies like Brazil and Indonesia, US-backed emerging market bonds paying 7% to 9%, and the shifts that fear creates.
Read More
October 16, 2026
How Boring Math Makes You Rich: The Briefs Money Spreadsheet, Explained
  • Briefs Money shows you what to do with every paycheck, and in what order: how much to spend, save, and invest, when to build an emergency fund, and which debt to pay off first.
  • The Climb to Wealth course walks you through the system step by step, and the Personal Finance Spreadsheet is where you track your own numbers.
  • Investing is one piece of building wealth. The system that gets money to your investments, and keeps it there, decides the outcome.
Read More
October 16, 2026
Common Investing Mistakes: Why a Stock Grade Is One Tool, Not the Whole Toolkit
  • The Briefs Score shows growth, income, and wealth preservation investors how well a stock fits their goal, with a separate letter grade for each one.
  • The most common mistake is treating the letter as an instruction. An A tells you a stock scores well for one goal, not that you should buy today.
  • Research works best as one input in a process you own. The grade shows how a stock stacks up. You supply the goal, the timeline, and the rules for being wrong.
Read More
October 16, 2026
How to Read a Company's Numbers Without a Finance Degree (Using Briefs Terminal)
  • Briefs Terminal lets you size up any public company in about ten minutes: what the stock costs, what it earns, how fast sales are growing, and what it pays you, all on one page.
  • It lines those numbers up against the company's closest competitors for you, so you can tell if a number is impressive or just average.
  • Below that are the income statement, balance sheet, and cash flow statement from the company's SEC filings, the latest news, and transcripts of its earnings calls.
Read More
October 16, 2026
What Type of Investor Am I? The Three Investor Archetypes, Explained
  • Briefs sorts its stock grades and monthly reports by three investor goals: growth, income, and wealth preservation. Pick yours and you know which report and which grade to read first.
  • Growth investors want stocks that beat the S&P 500. Income investors want to get paid in cash. Wealth preservation investors want stocks that hold up when the market drops.
  • The same stock can score an A- for one goal and a D- for another, so picking your goal comes before picking any stock.
Read More
October 16, 2026
How to Build a Stock Watchlist That Isn't Just Stocks You Heard About
  • A watchlist on Briefs Terminal lets you group stocks by the idea you're tracking and follow each one's price, one-day move, and 52-week high and low in one place.
  • Each list has its own name and description, so you always know why a stock is on it, and you can make as many lists as you have ideas.
  • The monthly growth, income, and wealth preservation reports under the Briefs Research tab hand you new themes to track that you didn't hear about online.
Read More
October 16, 2026
How to Choose an ETF That Matches Your Idea (Using the ETF Planning Tool)
  • The ETF planning tool takes an idea like "I want to invest in fast food companies," asks what you mean, and finds the ETFs that match, with the reasons, the holdings, and the sources.
  • Build a Plan then shows what your money could grow to in those ETFs over the years you choose, with conservative, expected, and optimistic estimates next to the S&P 500.
  • It gets you from an idea to an actual plan without researching dozens of companies one at a time.
Read More
October 16, 2026
Is This Stock a Good Buy? How to Use the Briefs Score to Tell If a Stock Fits the Way You Invest
  • The Briefs Score shows growth, income, and wealth preservation investors how well a stock fits their goal, with a separate letter grade for each one.
  • One stock can score very differently for each. Nvidia showed an A- for growth and a D- for income, because it grows fast and pays almost no dividend.
  • Seven sub scores under each grade show what earned the letter, so you can see exactly where a stock is strong or weak for your goal.
Read More
October 16, 2026
How to Tell an Asset From a Liability: The One Question to Ask Before You Buy Anything
  • The typical American household earned more in 2025 than in any year on record, yet only 30% of Americans say they could pay a surprise $1,000 bill from savings, so the problem isn't income but what the income gets spent on.
  • An asset puts money in your pocket and a liability takes money out, and the wealthy buy assets first, then let the assets pay for the fun stuff.
  • Before you buy anything, ask one question: does this put money in my pocket, or take money out of my pocket? Then you need a plan for the money you keep.
Read More
October 16, 2026
How to Build Your First $2,000 Emergency Fund and Wipe Out Every Debt Over 10%
  • Your first money goal isn't investing, it's $2,000 in its own account named Do Not Touch, built by moving 10% of every paycheck into it automatically.
  • More than a third of American adults couldn't cover a $400 surprise bill with cash or savings, according to the Federal Reserve, and that's how one bad day turns into years of credit card payments.
  • Once the $2,000 is there, attack every debt charging more than 10% interest, highest rate first, because you can't out-invest a 22% credit card so paying it off is the investment.
Read More
1 2 3 … 29
Share via
Copy link