30 August 2019
Recent YouGov research estimates that nine million Australians have dreamed of working for themselves and starting their own business. However 60 per cent of these Australians (5.4 million) cited “access to money” as the reason holding them back.
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The ABA has called upon Federal and State Australian governments to work together to combat the ongoing problem of elder financial abuse.
In the 12 months to February 2022, ABA member banks lent an average of $4.2 billion to agribusinesses across the country every month.
The working paper focuses on the construction and agriculture sectors and seeks to provide a point of reference for banks to operationalise modern slavery risk identification and management.