Greens Senator Jordon Steele-John, who put forward the motion yesterday, will chair the committee inquiry.
The committee will provide its report by September 17 this year, and will focus on two main points:
The extent to which gaming micro-transactions for chance-based items, sometimes referred to as ‘loot boxes’, may be harmful, with particular reference to:
(a) whether the purchase of chance-based items, combined with the ability to monetise these items on third-party platforms, constitutes a form of gambling, and;
(b) the adequacy of the current consumer protection and regulatory framework for in-game micro transactions for chance-based items, including international comparisons, age requirements and disclosure of odds.
We will continue to follow this story as it develops.