In other words, whatever information you collect to do the age verification, unless you already have it, with the user's consent, for some other purpose, you must not store their information.
A lovely fairy story, based on ignoring all past and current law-breaking by the tech bro companies!
But again, you mentioned the US government. What does that have to do with this? This is a law passed in Australia, but the Australian government. An entirely different country, and one with an actually functioning government and legislature.
- Most of the media companies are subject to US government control. If US says to track someone but Aus law says not to, who do you think they'll obey?
- Australia doesn't have an actually functioning legislature at the moment, with Labor getting over half the lower house seats from about a third of the votes, but I doubt that's changed this bad law much. If anything, more L+N input would probably have been worse and I don't know the other party views on it.