Latest / Early Edition with Ryan Bridge / Rebekah Armstrong: Head of Advocacy and Justice on National and Labour teaming up on modern slavery bill
Transcript
- 0:00Speaker 1: Right bit of a bipartisan moment in the House for once. Yesterday,
- 0:03Speaker 1: National and Labor have teamed up to essentially fast track
- 0:06Speaker 1: a modern slavery law. It had forced big businesses one
- 0:10Speaker 1: hundred million plus to manage slavery risks. Rebecca Armstrong, World
- 0:15Speaker 1: Vision is with us this morning. Hey Rebecca, good morning.
- 0:18Speaker 1: So why is it only buginess is worth or doing
- 0:21Speaker 1: revenue more than hundred million? Do the small businesses not
- 0:24Speaker 1: have anything to do with modern slavery?
- 0:27Speaker 2: Small businesses absolutely do. Our research showed that small businesses
- 0:31Speaker 2: are just as likely to have modesty as big businesses.
- 0:35Speaker 2: I think though, that the bigger businesses have more leverage
- 0:38Speaker 2: the resources to do this, and there's always a slow
- 0:41Speaker 2: down effect that trickles down to medium and smaller businesses
- 0:44Speaker 2: through this type of regulation.
- 0:46Speaker 1: What's so, why what is the cost? It must be
- 0:49Speaker 1: significant if small businesses couldn't hack it.
- 0:53Speaker 2: No, that's not correct. There actually isn't this a large
- 0:57Speaker 2: cost to do with this law? Actually quite practical and
- 1:01Speaker 2: common sense. It's just that we find in other comparable
- 1:05Speaker 2: jurisdictions one hundred million is likely the number, and it's
- 1:09Speaker 2: because of the leverage that these companies have and because
- 1:13Speaker 2: you're not just talking about the big businesses but all
- 1:16Speaker 2: of their suppliers. There is actually a downflow effect that
- 1:19Speaker 2: will affect medium in smaller companies. Likely. Also, you see
- 1:23Speaker 2: that sometimes these thresholds start higher and then reduce as
- 1:27Speaker 2: more people become used to reporting in this type of regime.
- 1:31Speaker 1: What am I meant to do? If I'm a big
- 1:32Speaker 1: business importing stuff from overseas or whatever, what am I
- 1:37Speaker 1: actually meant to do?
- 1:40Speaker 2: You're supposed to understand your supply chains in a way
- 1:43Speaker 2: that you haven't before. So you need to understand where
- 1:47Speaker 2: there is risk of modern slavery in your supply chain.
- 1:50Speaker 2: So you might be working, for example, with a country
- 1:54Speaker 2: that has difficult labor laws, you might be hearing allegations
- 1:58Speaker 2: of really long hours, people being underpaid. If you do
- 2:02Speaker 2: hear those allegations of potential one slavery, you'd be expected
- 2:05Speaker 2: to hone in on that, understand what's happening, and then
- 2:09Speaker 2: sort it out so that this doesn't happen again. This
- 2:12Speaker 2: might be by interviewing your work as it might be
- 2:16Speaker 2: changing suppliers or contractors, and then you're supposed to report
- 2:19Speaker 2: on it in a transparent way to show that you
- 2:22Speaker 2: are in good faith, understanding your want slavery obligations, and
- 2:25Speaker 2: reporting on these.
- 2:26Speaker 1: So if I just don't talk to anyone, then I
- 2:30Speaker 1: should you know, you'd be fine because if you don't
- 2:31Speaker 1: talk to me one, you don't hear anything, then you've
- 2:34Speaker 1: absolved yourself with responsibility.
- 2:37Speaker 2: Well, this is the point you're supposed to engage with
- 2:41Speaker 2: your supply chain. Beyond care one and two. You're supposed
- 2:45Speaker 2: to understand what's going on. You're supposed to report publicly,
- 2:50Speaker 2: and there is some penalties if you don't report, if
- 2:54Speaker 2: you are providing misleading information or dishonest. But this doesn't
- 3:01Speaker 2: apply to businesses that are acting in good face. So
- 3:04Speaker 2: it's a whole different way of looking where it's important
- 3:08Speaker 2: that you make disclosures and make changes.
- 3:10Speaker 1: Will you have to basically fly there and check it out.
- 3:13Speaker 2: Absolutely not. I think in a context like New Zealand's
- 3:17Speaker 2: there'd be a lot of collaboration with companies working together.
- 3:20Speaker 2: But you are supposed to have an understanding of what's
- 3:23Speaker 2: happening in a different jurisdiction even if you're not there,
- 3:26Speaker 2: and most companies do. They do have contractors that have
- 3:30Speaker 2: strong relationships with us, or they do do audits sometimes,
- 3:33Speaker 2: but and they do speak to their workers who are
- 3:35Speaker 2: working in other places.
- 3:37Speaker 1: All right, Rebecca Armstrong, World's Vision appreciate your time this morning.
- 3:41Speaker 1: For more from earlier edition with Ryan Bridge, listen live
- 3:44Speaker 1: to news Talks there Be from five am weekdays, or
- 3:47Speaker 1: follow the podcast on iHeartRadio