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(energetic music)

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– For any business collecting

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personal or sensitive information,

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maintaining your customers’ privacy

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is extremely important.

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If your business is
collecting personal data,

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you will need a privacy policy.

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A privacy policy is a statement

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that outlines how your business will deal

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with personal information
that it collects.

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A recent survey conducted by

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the Australian Information Commissioner

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found that eight out of 10 Australians

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checked the security of a website

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before providing their
personal information.

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A privacy policy is a great way

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to establish trust with your customers

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by showing them that
their personal information

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will be safe and secure on your website.

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Many Australian websites
are legally required

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to have a privacy policy in place,

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and failure to comply with
the Privacy Act of 1988

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can result in severe penalties.

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You are required to have a
privacy policy in place if:

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One, you collect personal
information online

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directly, or indirectly,
from your customers.

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Two, if you are hosting, or using,

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third party services like
Amazon, Google, or Facebook.

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And three, if your business has an

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annual turnover of three
million dollars or more.

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Privacy policies vary across
businesses and industries,

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but every privacy policy must outline:

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Firstly, how the information is collected

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and how the information will be stored.

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Secondly, how the information is shared,

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and specifically whether that information

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is going to be sent offshore,
outside of Australia.

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And three, why your customers’ information

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is being collected, and how your business

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is going to use it.

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If your website needs a privacy policy,

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or you are unsure about your
existing privacy policy,

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you should contact a LawPath consultant.

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With LawPath, you’ll have access

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to a customizable,
ready-to-use privacy poilicy

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in under five minutes.

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Create your first document
for free at lawpath.com.au.