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Preventing Financial Abuse

Financial abuse is a common form of elder abuse. Discover more about how it happens and what you can do to prevent and respond to this type of abuse.

Last updated: 6 September 2022

Preventing Financial Elder Abuse Webinar

Compass held a webinar on financial elder abuse with The Hon Dr Kay Patterson AO, Christine Cupitt, Brian Herd, Daniel Coase and moderator, Caroline Baum.

The panel discussed the major risk factors connected with financial elder abuse and ways people can seek help to either prevent or respond to financial elder abuse. They also covered current laws across Australia and if they are fit-for-purpose to respond to financial elder abuse, along with the role banks have a role to play to prevent or reduce financial abuse.

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Preventing Financial Elder Abuse

It’s estimated that one in five older Australians will experience some form of financial abuse in their lifetime (ABS). Financial elder abuse is the theft or misuse of an older person’s money, assets or property. Learn how to prevent yourself or someone you know from suffering financial elder abuse.

Find a Service Provider

Need information or advice on elder abuse now?
Need information or advice on elder abuse now?
CALL 1800 ELDERHelp (1800 353 374)
In an emergency call 000

This free number will redirect you to an existing phone service near you. This is not a 24-hour line. Call operating times will vary. A collaboration between the Australian, state and territory governments.

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