In a statement, the advocacy group called on the Federal Government to work with industry and consumers to draft the proposed framework.

The CDR Bill 2019 is meant to create an extensive regulatory framework for sharing consumer data across industry sectors. It was introduced into the House of Representatives in February and referred to the Senate Economics and Legislation Committee for inquiry and a report by 18 March.

AIIA chief executive Ron Gauci said: “AIIA members support the establishment of a CDR regulatory framework that protects consumer data while fostering innovation in the telecommunications sector. However, AIIA members do not support the imposition of a CDR ‘template’ that is developed to suit the characteristics of the banking and energy sectors.

He said there was a risk that lack of stakeholder engagement and rushed implementation would create an ambiguous and complex CDR regulatory framework.

"This could potentially create an unnecessary and onerous compliance burden for the different industry sectors and alienate consumers," Gauci said.

“The CDR initiative is just one example of where Government legislation and regulatory frameworks struggle to keep pace with technology-led business change and innovation. Therefore, we urge the Government, consumers and the telecommunication industry to work together to co-design a clear and trusted CDR regulatory framework.”

The AIIA has recommended:

• The implementation of the CDR regulatory framework should include iterative review points.
• Data collected and lessons learnt from the review points should be incorporated into the regulatory frameworks for the energy and telecommunications sectors of the economy.
• These reviews should include consideration of technological advancements and the adequacy of existing regulatory frameworks that already apply to the telecommunication sector.

The bill will be debated in Parliament in April and, if passed, will come into force from 1 July.