Energy Consumers Australia made a submission to the Senate Economics Committee on the Treasury Laws Amendment (Consumer Data Right) Bill 2019.
The delivery of the CDR for energy is critical to achieving developments in the market that will make electricity more affordable and reliable. The sector is well placed to move forward rapidly once the legislation is in place and the relevant agencies can provide support.
The specific value in the CDR for this sector is the ability to specify clear rules that can be followed so that data holders know that they are not breaching their obligations under the Privacy Act.
We provide five suggested amendments to the Bill that would strengthen the Bill and make the introduction of the Consumer Data Right more effective. However, if presented with a choice between the Bill in its present form and having no legislation at this time, our preference would be the Bill in its present form.
The full submission can be read here.