Government to overhaul privacy laws, including opting out of advertising, a right to be forgotten, and new rules for small businesses
Government to overhaul privacy laws, including opting out of advertising, a right to be forgotten, and new rules for small businesses

Opting out of targeted ads, and a 'right to be forgotten': Government agrees to sweeping privacy reforms

Related material, not all as optimistic as the ABC news article:
The title is misleading, the law will not let you to "opt out of advertising" completely but from using your private data for targeted advertising. So it's a progress on better privacy but the best solution still seems to be using uBlock Origin with proper subscriptions to just block all the ads and tracking scripts.
I agree. It's just the title ABC News had on its article.