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Graeme Samuel AC is Chair of Data Governance Australia and is a highly respected leader in many areas of Australian public policy including the Former Chairman of the Australian Competition and Consumer Commission.
The Productivity Commission recently released its Final Report into Data Availability and Use with some revolutionary ideas for the management and use of data. This Final Report raises serious questions about how to regulate data to satisfy community expectations without stifling innovation.
Mr Samuel will use this Address to discuss the tensions between data innovation and community expectations and explain how Data Governance Australia is advocating for a principles-based self-regulatory regime with the establishment of a Code of Practice for the responsible and ethical use of data.
Consumers are becoming increasingly concerned about the data practices of businesses and governments. The concerns are magnified with regular reporting about bad data practices that are viewed as ‘creepy’ by consumers. This lack of consumer trust and confidence represents a major roadblock in harnessing and unleashing the full potential of data. This demands a new way of thinking about data and the role of individuals, industry and regulation. In fact, the extent of data innovation and the value that will ultimately be generated, depends on our ability to rethink Australian community’s relationship with its data.
Data, at its core, presents a significant post-industrial opportunity for innovation and value-creation. Data now plays a fundamental role in almost all aspects of individuals’ lives, business, the economy, and government. It undoubtedly has the potential to, and is, changing our lives. Businesses and governments are increasingly investing in their data and treating it as an important asset from which more valuable, accurate and actionable insights can be derived.
The Code of Practice has an important role in driving consumer trust, satisfying community expectations and developing innovation.
Graeme Samuel AC is Chair of Data Governance Australia. He is also currently a Vice Chancellor’s Professorial Fellow in Monash University’s Business School, Chair of the Monash Business School Business Advisory Board and co-director of the Monash Business Policy Forum, Commissioner of the Australian Rugby League Commission, a Councillor of the Australian National University, President of Alzheimer’s Australia, Chair of the South Eastern Melbourne Primary Health Network, Member of CEDA’s Council of Economic Policy, Council member of the National Health and Medical Research Council and Chair of its Health Innovation Advisory Committee and the National Institute for Dementia Research and a Member of the Aged Care Financing Authority.
Professor Samuel has held a number of roles in public life including former Chairman of the Australian Competition and Consumer Commission, Associate Member of the Australian Communications and Media Authority and President of the National Competition Council.
He was appointed an Officer of the Order of Australia in 1998. In 2010 he was elevated to a Companion of the Order of Australia “for eminent service to public administration through contributions in the area of economic reform and competition law, and to the community through leadership roles with sporting and cultural organisations”.