If you choose to use Consumer Data Right, your information is transferred using secure automated data technology. The process has been designed to give you greater choice and control through the convenience of a simple, easy-to-use process.

CDR is an economy-wide reform that will be rolled out sector by sector. As it grows, it will become more powerful for Australian households and businesses. The Consumer Data Right has already been rolled out to banking and energy, with non-bank lending to follow as the third sector.

Opt-in service

The Consumer Data Right is an opt-in service, giving you the choice about whether to share your data, with full visibility of who it’s being shared with and the purpose for sharing it.

The CDR can make it easier for you to:

  • compare products and services
  • access better value and improved services
  • assist financial and cashflow management.

And that’s just the beginning! The CDR will grow over time as it applies to more sectors and more providers become accredited. As it grows, it will become more powerful for individuals and small businesses.

Who’s involved in Consumer Data Right?

The data transfer is done between providers, but the Australian Government has designed and oversees the system to ensure it is safe and secure for consumers. Providers must go through a rigorous accreditation process to provide Consumer Data Right services to you. The Australian Competition and Consumer Commission (ACCC) manages this process. 

More about the Consumer Data Right regulators

If you’re a provider interested in offering services under Consumer Data Right or you need to register as a data holder, visit our For providers section.

Introduced in banking and energy

Consumer Data Right is active in the banking and energy sectors. This means you can choose to share your banking or energy data (for example, your transaction history, interest rate or electricity usage) with an accredited data recipient to find a better product or manage your finances more easily.

Vinnie’s story shows you how Consumer Data Right can be used to get a mortgage quickly and easily. This is just one example of how Consumer Data Right will benefit consumers.

CS-Vinnie

Save time

When applying for a mortgage you can give consent for the bank to use Consumer Data Right to securely access your banking details. This will save you time and help you get a better mortgage deal.
See more examples

Benefits for individuals and small businesses

Consumer Data Right gives you choice, control and convenience.
  • Get more choice

    Choose between different products and services, with a quick and easy way to compare what providers are offering.

  • Control your data

    Choose who has access to your data, what data they can access and how long they can access it for.

  • Securely share your data

    Securely share your data, knowing that strong privacy and security protections are in place.

  • Products tailored to you

    Access more accurate price comparisons and new services that are tailored to your situation.

  • Save time

    Use modern technology to compare products instead of spending hours filling out forms or on the phone.

  • Benefit from competition

    Benefit from more competition in the marketplace. Consumer Data Right will lead to innovation, better products and better services for you.

Read about all the benefits

Current providers

Only providers accredited by the Australian Competition and Consumer Commission (ACCC) can offer services using Consumer Data Right. In this section you can check if your provider is accredited and find accredited providers. Consumer Data will grow over time, as more and more providers become accredited. As it grows, it will become more powerful for individuals and small businesses.
Find a provider

Learn more about Consumer Data Right

  • How does it work?

    Using Consumer Data Right is secure and easy. Find out about the step-by-step process.

  • What are your rights?

    Strict regulations are in place to help protect your data and privacy to keep you in control.

Authorised by the Australian Government, Canberra.