About the Privacy Act
The Privacy Amendment (Enhancing Privacy Protection) Act 2012 was released on 12 March which amends the Privacy Act 1988. This amendment will affect every business, company, and individual across Australia. As we all know when legislation is amended or a new Act is announced there may be small or significant changes we need to make to the way we do business. These are important things that we need to take into consideration when dealing with our customer information.
What are these changes I need to know about?
The Privacy Amendment Act will see a new set of privacy principles that will regulate the handling of personal information by government agencies and businesses. These new principles are called the Australian Privacy Principles (APP) and will replace the existing Information Privacy Principles that currently apply to government and the National Privacy Principles (NPP) that currently apply to businesses.
What Privacy resources do I need?
Links to the OAIC website on Privacy:
You would be well versed to take the time to review these changes and amendments by researching the information directly. Some of the changes will significantly affect you where others won’t. The way you manage your clients personal and private information is an important part of your business. For all advertising, email, Websites and Social Media your client should be able to read how you will secure their personal information.
Changes derived from the new Banking Code of Practice.