ACCAN recently submitted to The Treasury’s Inquiry into the Treasury Laws Amendment (Consumer Data Right) Bill 2022 Consultation.
ACCAN supports amending the Competition and Consumer Act 2010 (Cth) (CCA) to extend the Consumer Data Right (CDR) framework to enable action initiation. Extending the CCA to cover action initiation through an Accredited Action Initiator (AAI) may provide significant benefits to consumers.
An AAI enabled CDR may:
- Enable consumers to change telecommunications plans more easily, improving competition in the telecommunications market.
- Save consumers time and money by allowing them to compare plans more easily.
