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Opposition Leader Peter Dutton has backed the ban, urging the government to finalise the bill before Christmas.
Australia is moving fast to limit the amount of exposure young people have to social media.
The bill follows a months-long discussion on how a ban would work.
Australian youth calls for digital literacy, parental support, algorithm control, and tech accountability, prioritising education over age verification.
A survey is showing that the majority of Australians back stricter social media age limits.
During a Senate inquiry, experts called for tailored social media policies, highlighting the risks of a blanket ban and the need for safety by design.
The Coalition has officially committed to opposing the new measures, citing concerns that the bill could threaten free speech.
Social media use has been blamed for rising mental health disorders in kids and teenagers.
The federal government has allocated $6.5 million for a trial of age verification technology.
There is now bipartisan support in Australia for a social media ban for children under 16.
The bill also bans social platforms from displaying harmful content to minors, including patently offensive sexual conduct.
A law preventing children under 16 from using social media apps has hit another hurdle after a federal judge blocked it while a legal challenge takes place.
Regulator Ofcom publishes its first draft codes of practice under the Online Safety Act which focuses on protecting children from harmful content and groomers.
