As announced in the Budget 2021-22, Treasury has conducted a strategic assessment into the economy-wide roll-out of the Consumer Data Right.
Written submissions were sought from stakeholders on the questions contained in the consultation paper, with the consultation closing on 2 September 2021.
Responses to the strategic assessment consultation will inform Treasury’s analysis and advice to the Government about how the CDR should be rolled out. The strategic assessment process will form the foundations of the Government’s CDR Implementation Roadmap.
Treasury also conducted a CDR telecommunications sectoral assessment consultation, which closed on 19 August 2021.
On 24 January 2022, Treasury released the Strategic Assessment Outcomes report, which summarises feedback received from the Strategic Assessment consultation and announces ‘Open Finance’ as the next priority area to expand the CDR.