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You are here: Skip breadcrumbAttorney-General's Department >> Consultations, reforms and reviews >> Enhancing protections relating to the use of Enduring Power of Attorney instruments - Consultation Regulation Impact Statement
Submissions for this consultation closed on Sunday, 15 March 2020

Enhancing protections relating to the use of Enduring Power of Attorney instruments

Keeping Australians safe is a priority of the Australian government, and this includes protecting older Australians from all forms of abuse, including financial abuse. The need to improve the safeguards associated with enduring power of attorney documents is an issue that governments are acutely aware of.

The government is continuing to work with states and territories, through the Council of Attorneys-General, to identify areas where current state and territory legislation can be amended to create greater consistency across borders and enhance transparency of EPOA documents which support financial transactions.

The Australian government has indicated that the development of a national register, in line with recommendations made by the Australian Law Reform Commission (ALRC) and a call to action by the Australian Banking Association and Australia’s Age Discrimination Commissioner, is an important area of public policy reform which requires additional consideration.

The Consultation RIS sought to examine the regulatory options under consideration, in order to understand their economic and social impacts, and determine the relative costs and benefits of proposed EPOA safeguarding options.

Key documents

Submissions received

The following submissions were received by the submission close date (15 March 2020):

The department is not able to guarantee accessibility standards are met for all submissions. If you have an enquiry about this consultation process, please contact elderabuse@ag.gov.au.