The Modern Slavery Act: Is your entity required to report on risk?

by Tal Williams Partner, Holman Webb, and Mark Logan Associate, Holman Webb
  • On 1 January 2019, the Modern Slavery Act 2018('Modern Slavery Act') commenced, heralding a new statutory modern slavery reporting requirement for larger companies operating in Australia.
  • Do you comply?
  • Do you need to?

The Modern Slavery Act requires entities either based or operating in Australia, which have an annual consolidated revenue of more than $100 million, to report annually on the risks of modern slavery in their operations and supply chains, as well as actions being taken to address those risks.

Other entities based, or operating, in Australia may report voluntarily.

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