Australia’s dirty washing – money laundering in Australian real estate | ABC News



Australia's reputation as an ethical place to do business is being damaged by its lack of action over money laundering. In a single year AUSTRAC estimates there were around $1 billion worth of suspicious real estate transactions, but a lack of reporting requirements mean no-one knows how big the problem really is. Read more here: https://ab.co/2FfNF6R For more from ABC News, click here: http://www.abc.net.au/news/ Subscribe to us on YouTube: http://ab.co/1svxLVE
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