At CommBank, our purpose is to improve the financial wellbeing of our customers and communities. This includes those who find themselves in vulnerable circumstances.
Over the past few years, we’ve invested in initiatives to support Australians affected by domestic and family violence. And we’re now working with expert partners to expand our work on financial abuse.
Financial abuse is a serious form of domestic and family violence that occurs when an abuser uses money as a means to gain power and to control their partner or family member. It occurs in many different forms and can affect anyone.
Financial abuse is one of the most powerful ways an abuser can keep their partner or family member trapped in an abusive relationship, and may also impact on that person’s ability to stay safe once they leave the relationship.