Changing to the European Union standard would add significant penalties for companies and protections for consumers, says a UNSW expert in the future of law.
There is no major online marketplace operating in Australia that sets a commendable standard for respecting consumers’ data privacy. Letting customers opt out of data tracking would be a good start.
An entire industry exists to trade on your personal data - everything from your shopping habits to your political views and medical conditions. The results can genuinely harm consumers.