Are Lemmy.world servers located in Australia? Google says Europe so it seems like this is a non-issue.
Most social media have corporate entities in many of the countries they serve because they want sales people to sell that ad space and bank accounts to receive that ad revenue through, so usually the means of enforcing this would be to fine those entities/bank accounts. But I doubt lemmy.world would have much connection to Australia.
Or are there provisions in the law that would let them block the servers?