Version 4.0 of the Data Standard was published in 2023. Credit Providers have from 1 April 2024 until 31 March 2025 to adopt Version 4, the same date that Version 3 will be retired. What this means in practice is that, from 1 April 2025 any ACRDS-based files submitted by Credit Providers will need to be in the Version 4 format.
Version 3.0 of the Data Standard has been adopted by Credit Providers during 2022 and 2023, enabling reporting of Hardship information, which became mandatory when reporting CCR from 1 July 2022.
OVERVIEW
Arca aims to promote responsible lending and establish a benchmark for best practice in consumer credit management through reciprocal sharing and use of this credit information and data. One of Arca’s primary objectives is to develop, maintain and strengthen the rules framework and data system, including industry codes and standards in relation to the use of information across credit reporting.
In continuing to uphold these objectives, the Arca Data Standards Work Group has developed the Australian Credit Reporting Data Standard and Schema which is available to credit providers and credit reporting bodies upon request. This document details the requirements for reporting credit accounts, and events relating to those accounts, between Credit Providers and Credit Reporting Bodies in Australia.
CHANGE CONTROL NOTIFICATION PROCESS
Once you have registered to receive the Australian Credit Reporting Data Standard and Schema, your details will be retained to ensure we can notify you of future updates and versions. If you do not wish your details to be retained for change notifications, please email [email protected].
Should you have any questions or require assistance, please contact Arca via email at [email protected]. Also, the Credit Reporting Body/ies you obtain products and services from will be able to assist with specific data exchange queries.
FREQUENTLY ASKED QUESTIONS
The FAQ section formerly included in the ACRDS can now be obtained as a separate document here. Please check this first for any questions you have about the Data Standard.
REQUEST A COPY
To request a copy of the Australian Credit Reporting Data Standard (ACRDS) and Schemas (or contact the Data Standards team specifically about Data Standard's operational issues), complete your details below.
