What the Privacy Act delay means for your business
Posted: Sat Dec 28, 2024 9:26 am
Given the updates are expected to be referred to a parliamentary committee for review, this delay means the Act itself is unlikely to be passed until early next year – at best.
If the committee review highlights significant issues, or if the opposition parties take issue with the proposed reforms, we could see the process drag out even longer.
For businesses, this delay is a double-edged sword.
On the one hand, it gives you more time to prepare for the inevitable changes. On the other, it prolongs the uncertainty and the need for ongoing vigilance in data management practices.
Why the delay?
The delay is reportedly due to the government’s busy legislative agenda with the Privacy Act seemingly being pushed down the priority list.
While this might seem like a tactical delay, it reflects the complexity and significance of the proposed changes. The reforms are not just a simple update; they represent a fundamental shift in how personal data is managed, stored, and used in Australia.
Politically, the reforms are a hot potato. Both the Liberal and Greens parties have bahamas mobile phone numbers database expressed concerns over different aspects of the proposed changes.
The Liberals, for instance, have flagged potential issues related to business compliance costs and the impact on small to medium enterprises.
The Greens, on the other hand, are pushing for even stronger privacy protections, which they argue are necessary to safeguard us all in the digital age.
This political tug-of-war is likely to continue through the committee review process and could lead to further revisions before the bill is finally passed.
If the committee review highlights significant issues, or if the opposition parties take issue with the proposed reforms, we could see the process drag out even longer.
For businesses, this delay is a double-edged sword.
On the one hand, it gives you more time to prepare for the inevitable changes. On the other, it prolongs the uncertainty and the need for ongoing vigilance in data management practices.
Why the delay?
The delay is reportedly due to the government’s busy legislative agenda with the Privacy Act seemingly being pushed down the priority list.
While this might seem like a tactical delay, it reflects the complexity and significance of the proposed changes. The reforms are not just a simple update; they represent a fundamental shift in how personal data is managed, stored, and used in Australia.
Politically, the reforms are a hot potato. Both the Liberal and Greens parties have bahamas mobile phone numbers database expressed concerns over different aspects of the proposed changes.
The Liberals, for instance, have flagged potential issues related to business compliance costs and the impact on small to medium enterprises.
The Greens, on the other hand, are pushing for even stronger privacy protections, which they argue are necessary to safeguard us all in the digital age.
This political tug-of-war is likely to continue through the committee review process and could lead to further revisions before the bill is finally passed.