Coalition complicit in property money laundering corruption

The New Daily’s Michael Pascoe has lashed the Morrison Government for flat out refusing to take action against billions of dollars worth of dirty money being laundered through Australia’s property market:

The Morrison government’s reluctance to reduce and prevent corruption, to shine light in dark places, is not limited to its rejection of a genuine federal integrity commission – it’s also running dead on disclosing corrupt foreign money being invested and laundered here…

Transparency International’s 2017 Doors Wide Open report on corruption in the real estate market found Australia had “severe deficiencies” and was “not in line with any of the commitments to tackle corruption and money laundering in real estate made in international forums”.

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