RIAA Welcomes Bipartisan Modern Slavery Bill As Business And Finance Back Long-overdue ReformThe Responsible Investment Association Australasia (RIAA) welcomes today’s announcement of a joint National-Labour Modern Slavery Bill, describing it as a significant and long-overdue step forward for Aotearoa New Zealand. It also moves the country closer to alignment with key international trade partners including Australia, UK and EU, all of which already have modern slavery laws in place. The breadth of support demonstrates strong private sector backing for establishing clear, consistent expectations to address modern slavery risks across operations and supply chains. “There’s a persistent but false narrative that regulation is inherently bad for business,” Hegarty said. Over the past three years, various commitments have been made by leaders from both major parties when in power to strengthen New Zealand’s approach to modern slavery.