Please login here to proceed
Australia to Legislate Against Modern Slavery

Posted 247 days ago | 15.05.18

  Listen to this news
  Reading this news  
Australia to Legislate Against Modern Slavery

The Australian government announced this week that it would introduce the Modern Slavery Act to parliament by mid-2018. It is designed to be tougher that the UK’s act and will require more than 3,000 companies to disclose how they are fighting modern slavery in their supply chains.

Large companies will be compelled to publish annual statements on how they are addressing modern slavery.

Compared the the UK’s Modern Slavery Act passed in 2015, Australia’s law will  be stricter on the content of company statements. This would include all companies with a turnover of at least A$100 million ($75 million).

Jenn Morris, head of the Walk Free Foundation said: “This takes the Australian Modern Slavery Act beyond its precursor in the UK, which is currently the gold standard for modern slavery reporting, by including a central repository of statements. It will strengthen the effectiveness of reporting laws by monitoring companies’ compliance and progress.”

Australia has committed A$3.6 million to establish a business unit which advise companies on modern slavery risks in their supply chains and manage the repository.

To contribute articles, please set up an account for yourself here!


Choose preferred language