Australia's banks and financial regulators have met to discuss how they can help protect the almost 10 million customers whose sensitive details were stolen in the Optus data breach.
Treasurer Jim Chalmers said the government had been "working around the clock" and on Monday he had brought together Treasury, the banks and regulators to address privacy and data retention concerns.
"We'll do our best to resolve these issues as soon as we can as part of a suite of broader efforts," he said.