A privacy collision course

The financial regulator, APRA, and the Privacy Commissioner aren't on the same page when it comes to how banks should treat their customers’ information. So where does that leave Australian citizens?

National Privacy Principles, legislated this year after five years of development, are not intended to make life simpler for business in the short term.

Indeed, for many businesses, it has raised quite a few questions about how their present practices reconcile with the principles, and whether they will need to do things differently.

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