The Albanese Government is strengthening Australia's modern slavery laws and equipping companies to better identify and address risks in their global supply chains.
Modern slavery is a major violation of human rights and has devastating impacts, depriving victims of their basic freedoms and dignity.
According to the Global Slavery Index , an estimated 50 million people are living in modern slavery, a practice that demands a concerted effort from every country to eradicate it.
Modern slavery - which includes slavery, forced labour and debt bondage - is a crime under Australian law, including where it happens outside Australia.
Australia has a robust legislative framework and a world-leading approach to addressing modern slavery, but we can and should do more.
The Government will strengthen Australia's modern slavery laws with a new criminal offence where companies with an annual consolidated revenue over $100 million fail to prevent modern slavery in their supply chains.
Importantly, there will be a defence available if a company can demonstrate that they took reasonable steps to prevent modern slavery. This will ensure companies which have adequate processes and steps in place are afforded appropriate protections.
Upcoming consultations will help inform the details of the proposed offence and enforcement options to further ensure the reforms are practical, effective and fit for purpose, including consideration of a deferred prosecution agreement scheme and remedies for victims.
The Government also intends to introduce civil penalties and associated enforcement powers to address non-compliance with existing obligations under the Modern Slavery Act.
These reforms will be complemented by practical guidance and education initiatives to assist companies to better identify, manage, and remediate modern slavery risks in their supply chains.
The reforms will significantly strengthen Australia's response to modern slavery in supply chains by enhancing accountability and encouraging effective risk management while maintaining a practical and proportionate framework for business.
Quotes attributable to Attorney-General, the Hon Michelle Rowland MP:
"Australians rightly expect that the products they buy are not made on the back of modern slavery, which is why the Albanese Government is delivering a legislative framework with teeth.
"The proposed changes will introduce greater accountability, leveling the playing field for the majority of Australian businesses already doing the right thing.
"We will continue to work closely with stakeholders to inform the design of the proposed legislative changes, ensuring we strengthen efforts to combat modern slavery while continuing to support Australian businesses."
