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Coerced business debt is rising as a form of economic abuse in Australia, trapping women in hidden debts due to lack of protections.
A national study by Monash University reveals that coerced business debt is a growing form of economic abuse in Australia, particularly impacting women in heterosexual relationships.
Perpetrators exploit business structures like directorships and ABNs through forged documents or secret registrations, leaving victims unaware until pursued by the ATO or debt collectors.
Unlike consumer debt, business lending lacks consumer protections, denying victims access to dispute resolution, hardship relief, or legal aid.
The research, based on input from 18 frontline professionals, calls for urgent reforms including stronger registration safeguards, legal recognition of family violence as a barrier to business control, and creditor policies modeled on banking standards to prevent further harm.
La deuda empresarial coaccionada está aumentando como una forma de abuso económico en Australia, atrapando a las mujeres en deudas ocultas debido a la falta de protecciones.