Senate Committee happy for Consumer Data Right Bill to be passed in current form

The Senate Economics Legislation Committee was charged with probing the contents of the guidelines wrapped around Australia’s new Consumer Data Right (CDR). After hearing concerns over the adequacy of the privacy safeguards the CDR will contain, the rushed nature of the Bill, the distinct banking focus the Bill will have, and whether the outcome of the CDR will serve organisations more than it will consumers, the committee recommended that the Treasury Laws Amendment (Consumer Data Right) Bill 2019 [Provisions] be passed.

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