Considerable work has gone into setting up Consumer Data Right. The Government has created and implemented the policy settings and regulatory framework, as well as the data standards.

Providers have been setting up their systems to meet the high standards demanded by Consumer Data Right. They’ve also been focusing on the technical needs, making sure their websites and apps are ready to go. 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.

The Consumer Data Right is designed to be an economy-wide right. Rolling out across banking first, it is now expanding to the energy sector. Non-bank lending will follow.


June 2023

The Australian Government releases its statement in response to the Statutory Review of the Consumer Data Right, which outlines its commitment to continue developing the CDR framework and how this links to each of the Review’s 16 recommendations and 15 findings.

May 2023

The Australian Government announces a further $88.8 million over two years from 2023–24 to support the operation of the Consumer Data Right across the banking, energy and non-bank lending sectors. The funding will also help progress design of action initiation and improvements to cyber security.

November 2022

The Treasury Laws Amendment (Consumer Data Right) Bill 2022 (the Bill) is introduced into Parliament. If signed into law, the bill would amend the Competition and Consumer Act 2010 to extend the CDR framework to enable action initiation.

November 2022

Consumer data-sharing commences for customer data held by the Australian Energy Market Operator, AGL Energy Group, Origin Energy Group and Energy Australia Group.

October 2022

Product reference data-sharing commences for the energy sector .

February 2022

Customers of the non-major banks can now share information on overdrafts and business finance (Phase 3 data).

November 2021

Customers of the non-major banks can share their banking data from home loans and personal loans.

October 2021

Version 3 Rules registered. These Rules include changes to accelerate the benefits of the CDR for consumers by reducing barriers to participate in open banking and by allowing more Australians to leverage their data in common banking scenarios. 

July 2021

Customers of non-major banks can share banking data from a range of personal accounts, for example, savings and credit card accounts (Phase 1 data). A list of Data Holders (providers set up to share data using Consumer Data Right) is available.

May 2021

The $1.2 billion Digital Economy Strategy, launched as part of the 2021-22 Federal Budget, outlines the policies and actions the Government is taking to grow Australia’s future as a modern and leading digital economy by 2030, and includes an additional $111.3 million to accelerate the rollout of the CDR.

February 2021

Customers of the four major banks can now share all of their banking data, including information on overdrafts and business finance (Phase 3 data).

November 2020

Customers of the four major banks can share their banking data from home loans and personal loans. Joint accounts, closed accounts, direct debits, scheduled payments and payees will also be available. 

July 2020

Consumer Data Right launches.

Customers of the four major banks can share their banking data from a range of personal accounts (for example, savings accounts and term deposits).

February 2020

Australia’s four major banks made product reference data for mortgages and personal loans publicly available. Only businesses, such as comparison sites, can access product reference data. Product reference data provides information about the features and descriptions of bank products, including interest rates, fees and charges, and eligibility criteria. 

July 2019

Australia’s four major banks (Australia and New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation) made their product reference data for their standard products publicly available. This is standardised, general information such as interest rates, fees and charges.

Related information

  • Phasing in the banking sector (233.05 KB) PDF 233.05 KB Infographic summary of mandatory data sharing obligations for authorised deposit-taking institutions (ADIs). 27 July 2022