This kind of abuse isn’t just restricted to romantic relationships. Financial abuse can also occur in family dynamics such as adult children caring for their elderly parents; or care workers caring for the elderly or people with a disability.
WIRE – Women’s Information and Referral Exchange – is Victoria’s only organisation that provides information, support and services to all women, including transgender and gender nonbinary people, on a range of critical issues.
Predominantly focused on family violence and sexual/gender issues, WIRE has been working over the past 10 years on understanding and deconstructing financial abuse. They have a range of resources to help educate and rebuild financial capabilities of their service-seekers, and the community at large.
What is financial abuse?
Financial or economic abuse is a form of family violence. It can include a partner or person in a position of care withholding money, controlling all the household spending or refusing to include you in financial decisions.
It can also be seen as occurring when one person has complete control over all financial access and decisions, actively keeping you out of the process as a means of control.
Financial abuse can happen to anyone
This kind of abuse isn’t just restricted to romantic relationships. Financial abuse can also occur in family dynamics such as adult children caring for their elderly parents; or care workers caring for the elderly or people with a disability.
Want to know more?
Visit wire.org.au/financial-abuse
Or call 1300 134 130 for a confidential discussion.
Disclaimer: Information provided in this article is of a general nature. Australian Unity accepts no responsibility for the accuracy of any of the opinions, advice, representations or information contained in this publication. Readers should rely on their own professional advice and enquiries in making decisions affecting their own health, wellbeing or interest.
