Data61 has been appointed as the interim data standards body by the federal government, as part of the introduction of Consumer Data Right legislation to give Australians greater control over their data. As interim data standards body, Data61 will facilitate this by developing open standards that enable consumers to safely access data about them held by businesses, and direct this information to be transferred via APIs to trusted, accredited third parties of their choice.

The Consumer Data Right is intended to apply sector by sector across the whole economy, beginning in the banking sector. The energy and telecommunications sectors will follow. In the first instance Australia's four major banks have been tasked with implementing an open banking standard by 1 July 2019, and so developing an open banking standard - building on existing open banking and financial API standards - is Data61's immediate focus. All other banks will need to comply with these standards by 1 July 2020.

This work is being delivered by a newly formed team within Data61 - the Consumer Data Standards team - acting as the interim standards body. The work of the team will be overseen by Mr. Andrew Stevens as interim Chair, with industry and consumer advice provided by an Advisory Committee. Data61 will be working closely with the Australian Competition and Consumer Commission (ACCC) as lead regulator of the Consumer Data Right, supported by the Office of the Australian Information Commissioner (OAIC).

A number of working groups are being established to support Data61 designing and testing the open standards it develops. Input provided by the Advisory Committee and working groups, alongside draft guidance materials, API specifications and implementation materials will be shared openly.

For more information, contact cdr-data61@csiro.au. Further updates will be added to this page as the Consumer Data Standards work gets underway.

Meeting minutes

Consumer Data Standards website

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