Australians would lose a planned right to have their data erased by companies and existing privacy laws would be loosened in a bid to revive business productivity that the government will consider later this month.
The proposal from the Productivity Commission would allow businesses to opt for a new compliance pathway that focuses on outcomes to fulfil their legal obligations, rather than current controls-based rules.
It would create a ‘dual-track’ privacy compliance regime, with one track allowing businesses to mount defences that they acted in the best interest of individuals whose information they hold.
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