Treasury has released exposure draft amendments to the Consumer Data Right (CDR) rules and explanatory materials for consultation.
The exposure draft rules expand the CDR to telecommunications and support participation by business consumers.
Expanding the CDR to telecommunications is expected to drive more competition and allow consumers to better leverage their internet and mobile data when choosing products and bundle solutions that suit their needs. The combination of banking, energy and telecommunications data in the CDR will also generate cross‑sectoral use cases and enable development of new products and services.
The exposure draft rules also include measures to support business participation in the CDR by providing more choice over who business consumers can share their data with and for how long, as well as other operational enhancements.
The exposure draft rules that would expand the CDR to telecommunications are provided for in Schedule 5 of the exposure draft rules. The remaining amendments provide for operational enhancements to the Competition and Consumer (Consumer Data Right) Rules 2020.
We welcome submissions on the exposure draft rules by 14 October 2022.
We also welcome submissions about other possible changes to the CDR rules to support and enhance the CDR. View Consumer Data Right – CDR Rules Maintenance for further information.
To assist with understanding the key changes in the exposure draft rules, Treasury will be conducting stakeholder forums on the telecommunications amendments and the draft operational enhancements.