Specialist Corporate and Commercial Lawyers
Parliament recently passed the Privacy and Other Legislation Amendment Bill 2024 (Bill), marking a significant step forward in the protection of personal information in Australia. This legislation implements a first tranche of measures, as part of a review of the Privacy Act 1988 (Act), aimed toward enhancing the privacy framework established by the Act and other related laws.
The purpose of the Bill is to implement a tranche of reforms. It was passed in the Senate for this purpose with the following key changes:
The Bill, which was passed by both Houses of Parliament on 29 November 2024, will implement key reforms with respect to personal privacy, promising enhanced privacy protections and greater transparency regarding how personal information is used and shared. As part of the Bill, there is mandate for the Office of the Australian Information Commissioner (OAIC) to develop and maintain a Children’s Online Privacy Code (Code), designed to better protect the personal information of minors in the digital space. An allowance of $3 million across 3 years has been allocated to the OAIC to support the development of the Code, which is designed to protect the use of children’s personal information for nefarious purposes such as manipulation and surveillance.
In addition to the mandate in relation to the development of the Code, the Bill also seeks to further protect the personal information of Australians in the following ways:
For businesses, especially those handling large volumes of personal information, the new regulations will necessitate stricter compliance measures and potentially significant changes to data management practices. If you have any questions or concerns about the data security of your business or the controls necessary to protect personal information, please contact SWS Lawyers.
The Privacy and Other Legislation Amendment Bill 2024 represents a robust effort by the Australian government to modernise and strengthen privacy laws in response to evolving digital landscapes and increasing concerns over data security. By expanding regulatory powers, introducing new protections, and establishing clear penalties for privacy breaches, the Bill aims to create a safer and more transparent environment for the handling of personal information.
This article was co-written by Rhiannon Cameron, Associate.
This article is not legal advice. It is intended to provide commentary and general information only. Access to this article does not entitle you to rely on it as legal advice. You should obtain formal legal advice specific to your own situation. Please contact us if you require advice on matters covered by this article.