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ARTICLE · 22 AUGUST 2017

Modern slavery in supply chains - reporting requirements coming to Australian business

Clayton Utz
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The government intends to introduce a "Modern Slavery in Supply Chains Reporting Requirement" to combat modern slavery.

AustraliaGovernment, Public Sector
Scott Crabb
Scott Crabb
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The Australian Government has announced an intention to introduce a "Modern Slavery in Supply Chains Reporting Requirement" in Australia to combat modern slavery.

Modelled on the UK Modern Slavery Act 2015, the proposed Reporting Requirements will be used as a means to combat the human trafficking, forced labour and slavery-like practices which exist in business supply chains.

The Reporting Requirements will require large businesses and entities operating in Australia to publish an annual Modern Slavery Statement.

Even though consultation is still underway, businesses (particularly large businesses) should begin preparing for the increased transparency pressures which will be imposed by the Reporting Requirements.

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