From www.themandarin.com.au: Three accounting organizations have criticised a Treasury proposal that broadens secrecy exemptions, arguing it could damage the reputations of innocent individuals by allowing agencies to share information based on “reasonable suspicions.”

They believe the proposed threshold for sharing personal data is too low, which raises concerns about potential data leaks and unfair reputational harm.

The proposal stems from a government push to enhance regulations following a confidentiality breach involving PwC Australia.