SYDNEY — Australia’s federal parliament has passed legislation that will enforce content quotas for popular streaming video on-demand platforms.

Earlier this month, the national government announced it would push ahead with quotas, that would require those services with over 1 million domestic subscribers to invest 10% of total program expenditure for Australia, or 7.5% of their total Australian revenue, to support local storytelling.

Now those points become law.

There’s a strong incentive to play by the rules. The Bill provides the Australian Communications and Media Authority (ACMA) with “substantial powers” to determine compliance. Failure to do so would see the streaming businesses face large civil penalties, with fines of up to ten times their annual Australian revenues.

“We have

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