Widespread Sharing of Personal Data Will Grow the Economy: Deloitte

Australia has accumulated 48,000 petabytes worth of personal data, and one group believes it’s time to make this data more readily available.
Widespread Sharing of Personal Data Will Grow the Economy: Deloitte
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If consumers shared more of their data, and businesses did more to encourage it, the Australian economy would be $16.7 billion larger by 2043, according to Deloitte Access Economics.

The government-regulated Consumer Data Right (CDR) gives people some control over their personal data, but it should be expanded beyond bank accounts and energy needs, and instead, into retail, healthcare, and other personal and professional services.

Rex Widerstrom
Rex Widerstrom
Author
Rex Widerstrom is a New Zealand-based reporter with over 40 years of experience in media, including radio and print. He is currently a presenter for Hutt Radio.
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