By: Leah Mooney, Kieran Doyle, Nicole Gabryk, Clare McNamara and Zane Jhetam

The Australian Government has announced plans to legislate mandatory safety and security standards for frontier artificial intelligence (AI) companies operating in Australia, as part of its developing approach to AI regulation.

The proposed Australian AI Standards will apply to frontier AI companies seeking to operate in Australia, introducing requirements across areas including security, risk management, independent evaluation, incident reporting and governance. A new AI Safety regulator is also proposed to oversee and enforce the standards.

While the immediate focus is on frontier AI companies, the announcement provides an important indication of the broader direction of AI regulation in Australia.

Our team has prepared an overview of the proposed AI Standards, including who may be captured, how the Australian approach could align with international standards, the existing compliance landscape and what organisations should be considering now.

The overview also outlines practical next steps, including who may be captured, the context and scope of the proposed requirements, key takeaways, and practical next steps for organisations.

Questions? Please contact our team to discuss what the proposed AI Standards could mean for your organisation.

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