Australia Bans Under-16s From Social Media in World First

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• 00:03

  It's Fed Day.

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  We'll look at the divide among policymakers on the wisdom of interest rate cuts.

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  Plus, Australia bans teens from social media in a world first.

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  Today we change a generation.

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  Today we change a culture.

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  Today we change lives for the better.

• 00:24

  And Miami swings Democratic for the first time in decades.

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  It's Wednesday, December 10th.

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  I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,

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  the top headlines and business stories moving your world today.

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  We begin in Australia,

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  where a landmark social media ban for children under the age of 16 is now in effect,

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  with governments around the world keeping a close eye on how it will work in practice.

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  Politicians, parents, and mental health experts have been calling for the bans,

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  as more studies have shown that social media can worsen feelings of anxiety and depression.

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  Here was Australian Prime Minister Anthony Albanese speaking alongside Communications Minister Annika Wells in Sydney.

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  Technology can have an amazing impact on making our life easier but it is important as technology develops that humans keep control that we assert our authority as a society and to back families and to say that enough is enough.

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  We will take back control.

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  For many years,

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  the world has allowed the idea that the internet can have different rules from real life,

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