Australia introduced the Cyber Security Bill 2024 to the House of Representatives on October 9, 2024, aiming to establish a clear legislative framework for cyber security. The Cyber Security Act 2024 was officially enacted on November 29, 2024. It sets mandatory minimum cyber security standards for smart devices, requires businesses to report ransom payments, establishes a Cyber Incident Review Board to review significant incidents, and promotes industry–government cooperation after cyber incidents through a Limited Use obligation for the National Cyber Security Coordinator.