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"We inherited this mess from the previous government, but we've listened to carers, commissioned an independent review, and are now making good for those affected," McFadden said.

MarketWatch: How do you think Gen Z’s definition of financial success differs from previous generations?

Bender was named interim CEO on May 1 after previous CEO Ashley Buchanan was fired for cause after less than four months on the job.

For the second quarter, its cloud business revenue climbed 34%, accelerating from the 26% increase in the previous quarter, driven by surging demand for AI services.

The guidance complements previous codes, rules and guidelines issued by the watchdog as it enforces the Online Safety Act, which became law in 2023.