Date posted: 11/06/2024
Submission on Financial Services Regulatory Framework in Relation to Financial Abuse
Chartered Accountants Australia and New Zealand (CA ANZ) welcomes the opportunity to comment on the above inquiry. It would be our preference that this inquiry would never be necessary, however the hard facts are that we consider this inquiry to be essential.
Our submission covered:
- Defining financial abuse - Based on our limited research we have found two definitions of financial abuse that elicit different aspects of the problem.
- Is financial abuse different from economic abuse?
- Are family domestic and sexual violence (FDSV) associated with financial abuse?
- Early access to super for those suffering from financial abuse
- Elder Abuse