After “languishing” in Parliament for close to two years, legislation to expand the consumer data right to action initiation has passed, despite concerns about the broader scheme.
The Treasury Laws Amendment (Consumer Data Right) Bill passed the Senate without dissent on Thursday, having been forced onto the agenda by the Greens and Coalition.
The bill is the next major step for the consumer data right (CDR), which was first introduced to the banking sector in 2018 and has alter expanded to the energy sector.
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