Pitch Engine
The Times Real Estate

.

The Modern Slavery Bill is a start, but it won't guarantee us sweeter chocolate

  • Written by John Dumay, Associate Professor - Department of Accounting and Corporate Governance, Macquarie University
The Modern Slavery Bill is a start, but it won't guarantee us sweeter chocolateMany cocoa producers in Ghana and the Ivory Coast use child labour and child slave labour.Shutterstock

Is the Modern Slavery Bill at present before the Senate onerous?

It is if you are Nestle, because it might make your product more expensive. Or so it suggests in its submission to the Senate inquiry.

The bill will require businesses with more than...

Read more: The Modern Slavery Bill is a start, but it won't guarantee us sweeter chocolate

More Articles ...

  1. Soft power goes hard: China's economic interest in the Pacific comes with strings attached
  2. For the sake of our retirement savings, it's time to reform the investment management boys' club
  3. We need to know more about charities to be sure they are helping their cause, not themselves
  4. Newsflash. For most, energy remains affordable
  5. Vital Signs: Amazon has lifted its wages, but the implications aren't as good as you might think
  6. Perfect information: the customer reviews most likely to influence purchasing decisions
  7. Cricket Australia's culture sore: captains of the finance industry should take note
  8. 'Just like home'. New survey finds most renters enjoy renting, although for many it's expensive
  9. Labor's pay policy merely hints at helping low paid workers rather than actually doing it
  10. Daylight saving is not something for economists to lose sleep over
  11. Averting a plane crash: what to do about the global pilot shortage
  12. Equality: our secret weapon to fight corruption
  13. Spirals and circles, snakes and ladders. Why women's super is complex
  14. Relax. The divide between the taxed and the 'taxed-nots' isn't new and doesn't buy elections
  15. Three simple steps to fix our banks
  16. Hayne holds fire, but the banks' day of reckoning is coming
  17. Trust has to be as important as profit if banks and their boards are to regain their corporate legitimacy
  18. The problem with Australia's banks is one of too much law and too little enforcement
  19. Vital Signs: for all its worth, the banking royal commission could hurt a generation of battlers
  20. Health care is getting cheaper (unless you need a specialist, or a dentist)
  21. Bring on the royal commission, but we have a plan to act on aged care right now
  22. Growers are in a jam now, but strawberry sabotage may well end up helping the industry
  23. There is nothing sacrosanct about corporate culture; we can and must regulate it
  24. Budget deficit comes in at $10.1 billion, in boost for early return to surplus
  25. Privatising WestConnex is the biggest waste of public funds for corporate gain in Australian history
  26. Super. If Labor really wanted to help women in retirement, it would do something else
  27. Vital signs: the GFC and me. Ten years on, what have we learned?
  28. We won't fix female super until we fix female pay, but Labor's ideas are a start
  29. The shocking truth about insurance. We pick bad policies even with good information
  30. Trump versus China means picking sides
  31. It's hard to make money in aged care, and that's part of the problem
  32. Why yet another visa for farm work makes no sense
  33. Vital signs. When cutting interest rates might not help
  34. Independent isn't necessarily better. Why appointing independent directors can achieve little
  35. The paradox of choice. Why made-to-order might not solve the fashion industry's problems
  36. Three billion per year. How the financial system rips us off
  37. Vital Signs: National accounts show past performance no guarantee of future results
  38. Morrison's return to surplus built on the back of higher tax – Parliamentary Budget Office
  39. The new and more efficient payments system means new and more efficient payments fraud. Here's how to prepare
  40. Introducing land rent, the ACT's excellent idea for making houses cheaper
  41. Speaking with: law professor Cass Sunstein, on why behavioural science is always nudging us
  42. How Australia can fix the market for plasma and save millions
  43. Don't believe what they say about inequality. Some of us are worse off
  44. Vital Signs: online retailing is changing our lives, whether we use it or not
  45. Training won't end discrimination, we have to hold people responsible
  46. Better than the alternative. What the market thought of ScoMo
  47. The same but different: what passengers like about Uber
  48. Drought is inevitable, Mr Joyce
  49. Business owners' control of their work-life balance is the fine line between hard work and hell
  50. Sludge: how corporations 'nudge' us into spending more