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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
James EyersSenior Reporter

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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, 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

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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