Date posted: 3/10/2019

Modern Slavery Australian reporting guidance available

The Act applies to approx. 3,000 entities in Australia

In brief

  • First statements will be submitted no later than 30 September 2020
  • Collaboration is key to combating modern slavery
  • The Modern Slavery Business Engagement Unit has been established to support reporting entities

Australian organisations with at least A$100 million in consolidated revenue are now required to comply with the Commonwealth Modern Slavery Act and its reporting requirements.

The Department of Home Affairs has released guidance for reporting entities (and voluntary reporters) that explains in plain language how to comply with the Act.

The Act, which came into force on 1 January 2019, and the guidance were developed through extensive consultation with Australian businesses and interested parties, including CA ANZ.

Figure 1 below has been extracted from the guidance and provides an overview of the Commonwealth Modern Slavery Act 2018.

Each chapter of the guide has been designed to help users understand a specific part of the reporting requirement, including the seven mandatory reporting criteria. Each section also includes 'learn more' boxes, that offer practical and illustrative examples.

Helpful resources and FAQs are also included as well as contact details for the Modern Slavery Business Engagement Unit. This is a dedicated team to help organisations understand the reporting requirements; provide general comments on draft statements to help meet requirements; and provide general advice about best practice. The unit will not provide legal advice or detailed advice for use by your entity as it offers only general support.

Guidance for Reporting Entities

Get a copy of the Guidance for Reporting Entities from the Department of Home Affairs

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