Big Data, Big Issues? Is Australian Privacy Law Keeping Up?

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Big Data has been dubbed by many as the "new economic asset" of our age and of potentially significant value to business.

Following the recent amendments to the Privacy Act and in anticipation of his new powers from 12 March 2014, the Australian Privacy Commissioner Timothy Pilgrim (Commissioner) advised Australians earlier this year that "2013 is shaping up to be the biggest year for privacy in over 20 years".

Even though the recent amendments to the Privacy Act and the new Australian Privacy Principles (APPs) do not specifically address the Big Data technology/regulation gap, discussions by and between business, individuals, the media and even the Commissioner about Big Data have recently sparked up.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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