Date: 29 Nov 2018
Businesses with turnovers of more than $100 million will have to report what they are doing to stamp out slavery in supply chains after legislation got the final tick of approval in parliament.
The House of Representatives approved amendments to the draft laws which were raised in the Senate, giving the minister the ability to send companies a please explain if they fail to report.
The minister also must report annually to parliament about how the regime is working.
Advocates welcome historic passing of bill
Walk Free Foundation Founder Andrew Forrest commended MPs for passing the bill.
“An Australian Modern Slavery Act is essential if Australia is going to play a role in making slavery a thing of the past,” he said.
He said he felt confident the new bill, modelled on the UK Modern Slavery Act, would help to end the trafficking of humans.