Australia's world-leading social media ban for young people will be beefed up under new laws proposed by the federal government.Since December, popular social media platforms including TikTok, Facebook, YouTube, and Snapchat have been legally required to take reasonable steps to prevent under-16s from signing up or keeping an account.But Prime Minister Anthony Albanese said he believed big tech companies were not "doing enough to comply with the law"."There are still too many children on social media," Mr Albanese said in a statement on Saturday evening.Under the planned changes, maximum penalties for companies that fail to prevent under-16s from accessing their platforms will double from $49.5 million to $99 million.The eSafety Commissioner, Julie Inman Grant, will receive strengthened powers to force companies to provide evidence of what they have done to stop young people from getting an account on their platforms.Third parties, including those providing age verification technology to platforms, will also be compelled to provide information to Ms Inman Grant."These changes reflect the seriousness with which we take any failure by social media companies to comply with our world-leading law," Mr Albanese said.Ms Inman Grant recently expressed frustration in the Sydney Morning Herald, and said that the current social media age restriction legislation did not provide her with "potent powers"."What I would say is a regulator is only as good as the tools and the resources that t