If the consumer data right allowed customers to direct new service providers to take actions on their behalf, the regime will become much more effective creating competitive markets and a competitive advantage for the country, said the author of a Treasury review to keep Australia at the forefront of global data-sharing policy.
Scott Farrell: “It is supposed to be a financial system for data, not data for the financial system.” Peter Braig
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
