Considerable work has gone into setting up Consumer Data Right. The regulators have created the 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.

Consumer Data Right is rolling out across banking first. Next, it will be rolled out across the energy sector.


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. 

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 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).

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. 

Consumer Data Right will be implemented in energy next.

  • Phasing table PDF 267.95 KB Summary of mandatory data sharing obligations for authorised deposit-taking institutions (ADIs). 26 June 2020