The Royal Commission’s challenge to banks: combatting family violence

Among the recommendations made by the Victorian Royal Commission into Family Violence was a challenge to banks to improve their response to victims of economic abuse. It’s part of a bid to increase financial stability in victims. The Australian Banking Association has committed itself to creating a set of industry guidelines for family violence within the next year. Every instance of family violence carries the implication of often lifelong financial difficulties. So how are Australia’s banks responding? Roslyn Russell, Professor of Economics, Finance and Marketing at RMIT University joined presenter Sam Baran to tell us more.

 

Producer: Caroline Wagner