Does my company need to comply with Australia’s Modern Slavery Act?

The mandatory reporting and other requirements under Australia’s Modern Slavery Act apply to companies and other entities:

1. Operating in the Australian market, including both domestic and international companies, at any time during the applicable twelve-month reporting period; and
2. With annual consolidated revenue of at least $100 million AUD over that same reporting period.

An entity that does not meet these threshold requirements may voluntarily elect to comply with the reporting requirements under the Modern Slavery Act.