Australia. Data access / sharing. Act (Part) + Rules
CDRConsumer Data Right (Competition and Consumer Act 2010 Part IVD, inserted by Treasury Laws Amendment (Consumer Data Right) Act 2019)
In force
Partly verified
Medium confidence.[Link: Competition and Consumer Act 2010 compilation; CDR is Part IVD]
§1Summary
- Synopsis
Gives consumers the right to direct data holders in designated sectors to share their data with accredited recipients via standardised APIs. Thirteen Privacy Safeguards apply alongside the Privacy Act.
- Key themes
- Unique features
Sectoral open-data regime with accreditation and its own privacy safeguards stricter than the APPs.
- SaaS relevance
Fintech/energy SaaS wishing to receive CDR data need accreditation or to operate under an accredited provider.
§2Dates
- Key dates
- Adopted
- In force
- Banking live July 2020; energy Nov 2022; telecoms designated 2022; non-bank lending from 2026
§3Text and authority
- Text
- Authoritative text legislation.gov.au
- Authority
- ACCC (regulator) and OAIC (privacy safeguards)
§4Where it applies
- Domestic law of
- Australia
- Also applies in
§5Sources and verification
- Sources consulted
- Verification
Medium confidence.
Partly verified
Medium confidence.[Link: Competition and Consumer Act 2010 compilation; CDR is Part IVD]