After an adjustment is made for net foreign liabilities, the net asset position, or net wealth, was around $ trillion, which is the equivalent to around six times Australia’s annual GDP. The second observation is that, over recent decades, net wealth has increased at a faster rate than has GDP (Graph 1).
The GDPR sets out the rights of individuals, such as the right to request access to their data, the right to receive and forward those data, and the right to be forgotten. The Regulation also places obligations upon entities processing personal data.