Does Labor support AI safety policies?

Labor says it is "focused on legislative options" for mandatory AI guardrails with plans to announce more "soon," but hasn't committed to a specific Australian AI Act. They claim the Department of Industry, Science and Resources AI division "acts as our AI Safety Institute," which is difficult to evaluate since other countries have established dedicated institutes with specific technical capacity. Labor hasn't detailed how the Department sufficiently performs core AISI functions, leaving their support for a well-resourced, independent institute in doubt.