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Preventing Financial Elder Abuse

Financial abuse is the most 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: September 2, 2021

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.

Image of Hon Dr Kay Patterson AO the Age Discrimination Commissioner

The Hon Dr Kay PattersonPanelist
The Hon Dr Kay Patterson AO is the Age Discrimination Commissioner. Kay began her role as the Age Discrimination Commissioner on 29th July 2016. She has demonstrated a strong interest in the issues affecting older people throughout her professional life. In her role, Kay’s focus is on the rights of older workers, the blight of elder abuse and the need to encourage innovative solutions to homelessness and the risk of homelessness amongst older Australians.

Image of Brian Herd

Brian Herd - Panelist
Brian Herd is a partner with the Brisbane law firm, CRH Law. He practices in Elder Law or law relating to older people (and their families) and is regarded as one of Australia's leading lawyers in this important area of later life.

Image of Christine Cupitt

Christine Cupitt - Panelist
Christine Cupitt is the Executive Director – Policy of the Australian Banking Association. Chris works with our member banks to set policy strategy and develop advocacy policy on financial services, consumer protection regulation and corporate governance. With a professional focus on protecting consumer interests, Chris is responsible for developing culture initiatives, contributing to innovation and reform in banking, and promoting robust governance and professional standards.

Image of Daniel Coase

Daniel Coase - Panelist
Daniel Coase is a Senior Policy Officer at the Federation of Ethnic Communities Councils of Australia. From 2013 he established and led a team within ACT Health set up to improve the organisation’s response to diversity. The initial focus was on consumers and staff from culturally and linguistically diverse (CALD) backgrounds. The team was then expanded to include work on the inclusion of lesbian, gay, bisexual, transgender and intersex (LGBTI) people, and people living with disabilities.

Image of Caroline Baum

Caroline Baum - Moderator
Caroline Baum is is an accomplished journalist, former broadcaster, high-requested moderator, curator and photographer. Caroline is the author of ONLY, a Singular Memoir about her relationship with her parents, whom she became a carer for in their old age.

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Additional Resources

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Need information or advice on elder abuse now?
CALL 1800 ELDERHelp (1800 353 374)
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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.