Ensuring the privacy and security of individuals has become a pressing concern. The need for protecting residential addresses has led to the introduction of an application process for suppressing such information with ASIC.
The Need for Residential Address Suppression
Australia, like many countries, recognises the importance of safeguarding the privacy of its citizens. Residential addresses, being an integral part of an individual's personal information, have become vulnerable to abuse, stalking, identity theft, and other forms of harassment. To address these concerns, Australia has implemented measures to allow individuals to apply for the suppression of their residential address from public records.
Changes to Suppressed Addresses
In recent times, Australia has undergone some significant changes to its suppressed address system. Previously, suppressed addresses were completely hidden from public records, making it challenging for certain legitimate entities to verify a person's residency or carry out essential functions, such as providing government services or contacting individuals for official matters.
To strike a balance between privacy and functional requirements, Australia has introduced a refined approach. Under the new system, suppressed addresses are not entirely invisible but replaced with a generic locality, such as a suburb or city, making it easier for authorised organizations to establish a person's residency while still protecting their precise location.
How to make an application
Step 1: If your name and address are on the Australian electoral roll
Step 2: If your name is not on the Australian electoral roll
Once ASIC has granted approval/making changes to a suppressed address
This blog has been prepared for the purposes of general information and guidance only. It should not be used for specific advice or used for formulating decisions under any circumstances. If you would like specific advice about your own personal circumstances, please feel free to contact us on 02 9411 5422. We can help make sure the right method is used to give you the maximum possible tax deduction associated with any of these methods.