We are now well and truly in the era of big data. Scandals such as Cambridge Analytica show that vast amounts of our personal data are being harvested for commercial gain and, worse still, nefarious purposes. Yet big data also provides exciting opportunities for empowering consumers and enabling new products and services.

A new frontier is the rollout of smart electricity meters in Australia. Giving households more control of their energy consumption data can arguably help them cut their power bills, and drive innovation and competition in the retail energy market. This can involve allowing third parties to access your data.

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