Additionally, Human Services Minister Michael Keenan said the government was committed to a consumer data right, to allow consumers to harness and have greater control over their data, and a legislative package to streamline data sharing and release.
The data right would be led by the treasurer and offer consumers data access and transfer rights to improve competition and choice. A new data standards body would help collaboration with designated industry sectors, technology firms, consumer groups and privacy advocates.
The new data sharing and release arrangements would address the lack of standardised and transparent approaches to data sharing and release and complicated access processes. A new law, the Data Sharing and Release Act, would formalise arrangements.
The Consumer Data Right will initially be implemented in the banking, energy and telecommunications sectors. It will be designed to ensure strong privacy protections and security safeguards. The Consumer Data Right will be introduced primarily through changes to the Competition and Consumer Act 2010.
The government also said it would be setting up a network of Accredited Data Authorities as catalysts for efficient and safe sharing and release of data. It will establish a framework to identify those datasets whose availability and use will generate significant community-wide benefits.
Other steps the government plans are:
- taking a risk-based approach to releasing available publicly-funded datasets;
- publishing registers of available publicly-funded datasets;
- developing best practice guidance and standards on data availability and use;
- working to identify and release high-value datasets;
- streamlining data sharing arrangements; and
- monitoring the performance of Australia’s data system.