Australia's government plans to revamp the Consumer Data Right (CDR) to improve consumer safety and reduce costs for businesses.

Australia's government plans to revamp the Consumer Data Right (CDR) to boost its effectiveness, improve consumer safety, and reduce costs for businesses. Key changes include streamlining consent processes, simplifying data access for small businesses, and focusing on high-value use cases. The government will open a consultation on changes to consent and operational rules, aiming to make the CDR framework more sustainable before introducing new action types.

August 11, 2024
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