Consumer Data Right
| Consumer Data Right | |
|---|---|
 | |
| Parliament of Australia | |
| Treasury Laws Amendment (Consumer Data Right) Bill 2018 | |
| Citation | https://www.accc.gov.au/focus-areas/consumer-data-right-cdr-0 |
| Date enacted | 26 November 2017 |
| Introduced by | Morrison Government |
| Status: In force | |
The Consumer Data Right (AU) (CDR) is a regulatory framework for consumer data privacy that was created by the Australian Federal Government and introduced in the 2018 Treasury Laws Amendment.[1][2]
The primary purpose of the Consumer Data Right is to let consumers transfer their own data stored by third parties using a secure, regulated system. As of August 2021, CDR is still in the process of being rolled out by economic sector, beginning with banking. The Australian government plans to roll out CDR in energy and telecommunications industries next.[3][4] In April 2020, CDR rules were updated to broaden access arrangements consumers have with professionals who access their data.[5]
References
- ↑ "How Does Australia's New Consumer Data Right Work?". www.jonesday.com. Retrieved 2021-08-06.
- ↑ Barbaschow, Asha. "Australia's Consumer Data Right: Here's everything you need to know". ZDNet. Retrieved 2021-11-15.
- ↑ "What is CDR? | Consumer Data Right". www.cdr.gov.au. Retrieved 2021-08-06.
- ↑ "The CDR is a great first step, but Australian small businesses need more". Finextra Research. 2021-10-14. Retrieved 2021-11-15.
- ↑ "Developments in Australia's Consumer Data Right in response to community feedback | Treasury.gov.au". treasury.gov.au. Retrieved 2021-11-15.
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