This is not entirely correct:
"Australia has a long history of attempts to censor the internet, most of which look ridiculous to those in other nations"
They also look ridiculous to those of us in Australia.
But that's what happens when you've got a political system where politicians rather than the people get to choose the other politicians (Yay party systems gaming democracy!) contrary to it's supposed intent.
At least this only looks like yet another law only to be used when politically convenient rather than ubiquitously.