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ARTICLE · 12 JUNE 2014

Privacy law reforms – the key changes in 2014

Norton Rose Fulbright Australia
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The article looks at the key changes to the Privacy Act and how the changes are likely to impact the insurance industry.

AustraliaPrivacy
John Moran (Formerly With Norton Rose Fulbright Australia)
John Moran (Formerly With Norton Rose Fulbright Australia)
Nick Abrahams
Nick Abrahams
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Introduction

On 12 March 2014, extensive amendments to the Privacy Act 1988 (Privacy Act) came into force with the introduction of the Australian Privacy Principles (APPs) which have brought about a number of significant changes as to how "personal information" is to be collected, handled and disclosed by organisations with an annual turnover of greater than AU$3 million.

In this article we look at the key changes to the Privacy Act and we discuss how the changes are likely to impact the insurance industry.

The Key Changes

  1. Privacy Policies – organisations are now required to have a clearly expressed and up-to-date privacy policy which must deal, amongst other things, with:

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