Friday, 19 Apr 2024

Widespread money laundering in property locking out Australians from owning homes, Senate told - The Guardian Australia

Widespread money laundering in property locking out Australians from owning homes, Senate told - The Guardian Australia


Widespread money laundering in property locking out Australians from owning homes, Senate told - The Guardian Australia

Lillywhite said she understood that lawyers, accountants and real estate agents were opposed to being covered by the laws due to the significant regulatory burden.

Liberal senator Paul Scarr asked what a small conveyancing business, for example, can be expected to do to prevent money laundering.

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