Photo of someone budgeting with bills and calculator

Parliamentary inquiry for role of banks in preventing financial abuse

A new federal inquiry is set to shine a light on financial abuse in Australia, which is considered a more hidden form of family and domestic violence.

Published: 11 April 2024
  • national
  • 11 April 2024
  • ABC NEWS

The Parliamentary Joint Committee on Corporations and Financial Services will examine the issue, looking into the effectiveness of existing laws and the role that banks can play in identifying and preventing the problem.

The inquiry will not only look at financial abuse in partner relationships but also economic abuse involving the elderly.