Atlassian's an AUS company. Let's say I store code on Bitbucket, or I use Atlassian's hosted Confluence service. Does this mean Atlassian might have to notify the AUS government when I change my code, or add something to my Confluence pages? Or that they might have to secretly change my code (which means I'd have to carefully check it all the time for changes)? What if I self-host Confluence? Could a software upgrade contain a backdoor that sends my Confluence data to the AUS gov?

Not that I give a damn if the AUS gov looks at my stuff, but that's completely beside the point. These appear to be real possibilities with this law, and I hope Atlassian and other AUS companies address them.