Last week, the Australian government released guidance for businesses on the Australian Modern Slavery Act which passed January 1st 2019. New Zealand businesses have the opportunity to get ahead of the curve by responding quickly and decisively.
1st of January 2019 sees the launch of Australia's Modern Slavery Act which builds on Californian and UK transparency in Supply Chains legislation
The Act requires all organisations based or operating in Australia with a consolidated revenue of A$100 million to report annually on the risks of modern slavery in their operations and supply chains. It offers the toughest measures to date in national legislation for tackling non-compliance.