The Turnbull Government is continuing to progress our establishment of the Consumer Data Right, beginning with the Open Banking regime, which will provide Australians with more choice and better deals in the financial sector.
Mr Andrew Stevens has been selected as the interim Chair of the Data Standards Body for the Consumer Data Right.
The Consumer Data Right, starting in the banking sector with Open Banking, will give consumers greater control over the data that businesses hold on them.
The Data Standards Body, established within the CSIRO’s Data61, is facilitating the development of data sharing standards that provide consumers with safe, convenient, and timely methods of accessing and transferring their data to trusted and accredited data recipients.
The Independent Chair will ensure the standards maximise the benefits for consumers and are developed in consultation with technology firms, and consumer and privacy groups.
Mr Stevens’ engagement by Data61 will bring a wealth of expertise and experience to the position of Independent Chair of the Data Standards Body.
Mr Stevens is the former Managing Director of IBM Australia, is the Chairman of the Advanced Manufacturing Growth Centre, and is a current director of MYOB, Stockland, the Thorn Group, and the Committee for Economic Development of Australia. He is a former director on the National Board of the Australian Information Industry Association and is a member of the UNSW Business School Business Advisory Council.
I congratulate Mr Stevens on his appointment and look forward to him making a significant contribution to the development of the Consumer Data Right in Australia.