Covid-19 and financial abuse: a pandemic and epidemic happening in tandem

Article by Commonwealth Bank Australia. The Guardian Labs. September 24, 2020.

Article by Commonwealth Bank Australia. The Guardian Labs.

September 24, 2020.

The COVID-19 pandemic has given rise to a moment shaped by economic instability. It has also sown the seeds for an epidemic that is flying under our cultural radar: financial abuse. According to a June 2020 Commonwealth Bank survey, conducted by YouGov, 26% of the Australian population have experienced financial abuse. A further 12% have known someone who has encountered this form of family violence, which can involve behaviour including - but not limited to - a perpetrator cutting a victim-survivor’s access to bank accounts, using funds without consent or manipulating their financial decisions.

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