Submission to Treasury Consultation on Consumer Data Right Legislative Amendments

The consultation proposes amendments that shift sectoral assessment and rulemaking functions away from the Australian Competition and Consumer Commission (ACCC) and into the Treasury. Below we raise three key issues regarding this change. This builds on the views we’ve expressed to Treasury in previous submissions, most notably our 2019 submission to Treasury’s consultation on the ACCC Digital Platforms Inquiry Final Report.2

1. Placing consumers in control of their own data and information must remain the focus of CDR reforms

2. The importance of engagement and leadership when developing consumer policy reforms

3. The need for a consumer protections framework to take Australia into the digital age