Aug 2018 | Modern slavery bill needs tougher penalties and oversight, says Law Council

Date: 3 Aug 2018

Source: ABC

Proposed laws to shine a light on modern slavery may be too weak to have a real impact, according to the Law Council of Australia.

The country's largest companies would be required to report annually on what they are doing to make sure slave labour is not part of their operations or supply chains.

It would apply to businesses with revenue of more than $100 million a year and the reports would be made publicly available.

But there are no penalties for companies that fail to comply, other than public exposure of their failure to do so.

"If we're going to have an effective piece of legislation, let's give it some teeth," the Law Council's president, Morry Bailes, said.

He will give evidence today to a Senate inquiry examining the Modern Slavery Bill.