The bill, introduced to parliament on Thursday, will require large technology companies to mitigate and protect under-18s from harmful content on their platforms. It will also allow users to opt out of the algorithmic servers used by social media companies.
Speaking to Channel Nine, Wells said she had been in discussions with the Greens and expects the bill to pass before the end of the year. The original provision granting ministerial discretion had been a point of contention.
"It has been a clear stumbling block for other political parties. They wanted parliament to have that scrutiny," Wells said. Under the amendment, the minister will bring changes to the Online Safety Act when declaring a serious harm, with parliament considering that action.
The bill is part of Labor's broader push to improve online safety, particularly for children. The government has not specified exactly when the legislation will be debated or voted on.