The Productivity Commission's Data Availability and Use Report (Report) was publicly released on 8 May 2017. The Report comes after a year-long public inquiry into how the availability and use of public and private sector data can be improved. The Australian Government commissioned the Report pursuant to recommendations made in the 2014 Financial System Inquiry and the 2015 Harper Review of Competition Policy. In pursuing these recommendations, the Government has recognised that the effective use of data is increasingly integral to the efficient functioning of the Australian economy. The Report's key recommendation relates to the introduction of a "Comprehensive Right" for individuals to access their consumer data or direct that it be provided to third parties. According to the Report, the Comprehensive Right should be established through a "Data Sharing and Release Act", which would serve as a national "one-stop location" for the sharing and release of data. The Australian Competition and Consumer Commission would be the regulator responsible for ensuring consumers are able to transfer their data and exercise their Comprehensive Right, and a "National Data Custodian" would be established to facilitate improved data access and best practice. The Department of Prime Minister and Cabinet has established a taskforce to develop the Government's response to the Report.