The Senate Finance and Public Administration Legislation Committee has published its report on the Exposure Drafts of Australian Privacy
Amendment Legislation Part 2—Credit Reporting.
The report makes 30 recommendations for changes to the draft.
The exposure draft contains new provisions relating to collection, use and disclosure of information for credit reporting purposes.
The new scheme will be underpinned by a new industry-agreed Credit Reporting Code of Conduct which will be subject to approval by the Australian Information Commissioner.