Submission to Treasury Laws Amendment (CDR) Bill 2018: Exposure Draft

It is CPRC’s view that the CDR is a positive reform in the sense that it may – with appropriate protections – provide consumers with improved access to their data and give them power to direct the transfer of their data to a nominated accredited third-party. This can aid consumers to gain greater insights into their consumption, encourage greater competition between providers and enable more accurate comparisons of products and services for their needs. However, the CDR alone is insufficient in addressing privacy issues relating to existing data collection and sharing practices across the economy. Ultimately in needs to be supported by economy-wide reform similar to the General Data Protection Regulation (GDPR) in the European Union.