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Familiar with the consumer data right? Here’s why you should be

The philosophical basis for the right is that data generated by consumers of commercial services is their property and not that of the company.

James Eyers

The federal government announced a raft of changes on Friday to improve the consumer data right. What is the policy, and why is it so important for the economy?

What is the consumer data right?

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James Eyers writes on banking, finance, payments, regulation and emerging technologies. Based in Sydney, he is a former legal and investment banking editor at the AFR and has been a business journalist for more than 20 years. Email James at jeyers@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/familiar-with-the-consumer-data-right-here-s-why-you-should-be-20240807-p5k0bq