The Digital Transformation Agency (DTA) has been working on Australia's digital identity system for a number of years, going live with the myGovID -- developed by the Australian Taxation Office -- and accrediting an equivalent identity service from Australia Post last year. The myGovID and the Australia Post Digital ID are essentially forms of digital identification that allow a user to access certain online services, such as the government's online portal myGov. There has been conversation around extending digital ID to allow the private sector and state government entities to develop their own platform, but legislation is required to allow such participation. The DTA has been consulting on how to best shape the legislation, proposing, among other things, an oversight body to provide "effective governance" of the digital identity system. The legislation is aimed at providing a permanent, independent Oversight Authority body or bodies with responsibility for the … [Read more...] about Commonwealth Bank proposes industry self-regulation for Australia-wide digital ID