Consumer Data Right rules – expansion to the non-bank lending sector

14 days left to have your say
Consultation Type
Exposure Draft

Key Documents

Treasury has released exposure draft amendments to the Competition and Consumer (Consumer Data Right) Rules 2020 (the CDR Rules), explanatory materials and a draft Privacy Impact Assessment for consultation.

The exposure draft rules expand the CDR to the non‑bank lenders sector.

The non‑bank lenders sector was designated as subject to the CDR on 21 November 2022. Extending the CDR to this sector is expected to facilitate more informed consumer engagement with both banks and non‑bank lenders, leading to improved financial outcomes for individuals and businesses.

Expansion of the CDR to non‑bank lenders will also increase the availability of data, encouraging innovation in financial technology and helping consumers to better understand and manage their finances.

In December 2022, the Treasury released a consultation paper on rolling out the CDR to the non‑bank lenders sector. Consultation closed on 31 January 2023. Stakeholder feedback provided during this process has been taken into account in developing the exposure draft rules.

Given the similarities between the banking and non‑bank lending sectors, the exposure draft rules that would expand the CDR to non‑bank lending are provided for in Schedule 3 of the exposure draft rules.

Amendments to facilitate access to energy product reference data

The exposure draft rules also include a new obligation for energy retailers to facilitate access to required product data held by the Australian Energy Regulator in accordance with the data standards. This requirement is described in the exposure draft amendments to Schedule 4 of the rules.

Stakeholder forum

To assist with understanding the key changes in the exposure draft rules, Treasury will conduct a stakeholder forum on the proposed non‑bank lending amendments.

The Non‑bank Lending Draft Rules Stakeholder Forum will be held on Wednesday 13 September 2023 between 10 am - 12 pm, and will provide an opportunity for discussion and feedback on the exposure draft rules.

If you would like to participate in the stakeholder forum, please register your interest at



You can submit responses to this consultation up until 06 October 2023. Interested parties are invited to comment on this consultation.

Feedback may be provided by email or published on the Consumer Data Standards Github repositories for non‑bank lending and buy now pay later.

While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.

Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

View our submission guidelines for further information.

How To Respond



Address written submissions to:

Louise Staker
Market Conduct and Digital Division
Langton Cres
Parkes ACT 2600


Phone: Louise Staker, Director, Market Conduct and Digital Division (02) 6263 2521