Robust modern slavery legislation 'a necessity', say investors

Robust modern slavery legislation 'a necessity', say investors
Forced labour is on the rise globally. (Image: Getty)
Murray Jones
Investors representing funds of $295 billion have called on the government to introduce modern slavery legislation with more stringent requirements than currently proposed.The long-awaited legislation was initially fleshed out in a cabinet paper released last year, but the Labour government had dropped the due diligence requirement that imposed a duty on entities to take effective action to identify and assess risks, and then track performance in addressing them. An Australian review of that country's modern slavery legislation found i...

More Law & Regulation

Wikeley loses again in Owen Glenn stoush
Law & Regulation

Wikeley loses again in Owen Glenn stoush

Supreme Court says fraud findings can’t be relitigated.

Victoria Young 04 Jul 2025
The business born battling Vector connection contracts
Property

The business born battling Vector connection contracts

'Pretty on the nose': Developers challenge Vector's hefty fees.

Garth Bray 04 Jul 2025
Eric Watson gearing up for more court action
Law & Regulation

Eric Watson gearing up for more court action

Watson says he would continue to stand firmly on his position. 

Denise McNabb 03 Jul 2025