From www.claytonutz.com: The Australian Government announced a reset of the Consumer Data Right in August 2024 to address compliance costs and improve its framework, expanding its application beyond banking and energy to include non-bank lending products.
The reset will streamline the consent process for consumers, allowing them to direct actions like payments and account management through accredited parties.
The government is considering banning screen scraping due to its security risks, promoting a robust CDR as a safer alternative.