Consumer Data Right - Exposure draft legislation to enable action initiation

This consultation process has now been completed. Submissions available
Consultation Type
Exposure Draft

Key Documents

Treasury is seeking comments on exposure draft legislation to enable action initiation in the Consumer Data Right (CDR), which would create a new channel for consumers to instruct a business to initiate actions on their behalf and with their consent.

Action initiation would build on data sharing in the CDR, increasing functionality for industry and consumers.

Actions could include making a payment, opening and closing an account, switching providers, and updating personal details (such as address) across providers.

Action initiation would empower consumers to authorise, manage and facilitate actions securely in the digital economy.

Treasury has also released:

  • a document summarising the proposed changes
  • a privacy impact assessment
  • draft explanatory materials.

The privacy impact assessment considered whether the draft legislation should include changes to the existing CDR privacy safeguards, which are explained at the appendix of the summary document and in the draft explanatory materials.

It also makes several recommendations that will be relevant to implementing CDR action initiation during the proposed declaration and rule-making stages, and will inform Treasury’s ongoing policy development.

Treasury welcomes comments on the privacy protections proposed for action initiation.


36 submissions were received for this consultation, including 2 confidential submissions.

Adatree - pdf 1.03 MB
ANZ - pdf 232.12 KB
Australian Payments Plus - pdf 144.14 KB
Basiq - pdf 90.63 KB - pdf 981.7 KB
Communications Alliance - pdf 105.18 KB
Energy Australia - pdf 342.29 KB
Energy Queensland - pdf 436 KB
Finder - pdf 100.4 KB
Fintech Australia - pdf 102.32 KB
Mastercard - pdf 839.03 KB
National Australia Bank - pdf 162.12 KB
Optus - pdf 194.97 KB
Red Energy & Lumo Energy - pdf 255.79 KB
Skript - pdf 145.78 KB
Telstra - pdf 200.52 KB
VISA - pdf 98.54 KB
Westpac - pdf 112.29 KB
Xero - pdf 161.64 KB
Zepto - pdf 1.79 MB