Business
Financial abusers exploit legal loopholes – The Australian Financial Review
About 40 per cent of the population have experienced financial abuse or know someone who has, according to new research released by CBA. But solving the problem is difficult because perpetrators are increasingly using sophisticated techniques.
Comyn was joined at the launch by Stott Despoja, Renata Field from Domestic Violence NSW, Jan Breckenridge from the University of NSW and Stella Avaramopoulos from Good Shepherd.
Other anecdotes that show how perpetrators of financial abuse exploit loopholes in the law came from Catherine Fitzpatrick, who is in charge of CBA’s Community Wellbeing team. This team offers trauma support to customers experiencing financial abuse.
Fitzpatrick said she was working with a case where the perpetrator h…
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