In short
The Consumer Data Right (CDR) is Australia’s data portability regime.
It allows consumers to opt‑in to share data that Australian businesses hold about them with trusted third parties, through safe and secure channels.
The CDR is regulated by the Australian Government and available to individual and business consumers in the banking, energy and non‑bank lending sectors.
Visit the CDR website
Benefits of the CDR
The CDR benefits the Australian economy by:
- unlocking access to high‑value data to support development of better products and services
- providing a safe and secure way for consumers to share data
- increasing competition and innovation.
CDR enabled products and services can support consumers to:
- get a complete picture of their finances across different banks
- create a personalised saving plan
- smooth out payments to better manage cashflow
- make switching service providers easier
- save time refinancing a mortgage or loan
- automate bookkeeping and account management
- choose the most suitable energy plan.
Treasury’s role
Treasury is responsible for the overarching delivery of the CDR.
We lead CDR policy by developing rules and advice to government on the CDR, informed through regular consultation with external stakeholders.
The Data Standards Body sits within Treasury and develops the standards for the CDR.
Treasury works closely with 2 regulators to implement and regulate the CDR.
The regulators are the Australian Competition and Consumer Commission (ACCC) and the Office of the Australian Information Commission (OAIC).
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