The irony here is hard to miss.
The article worries that anti money laundering laws might put downward pressure on house prices, but barely acknowledges the obvious question: how much of Australia’s extraordinary property inflation has been fuelled by dirty money in the first place?
AUSTRAC says real estate is a very high money-laundering risk, and the Australian Institute of Criminology says illicit funds can artificially push property prices higher and outbid legitimate buyers.
Maybe falling prices aren’t the problem. Maybe some of the prices were never legitimate to begin with.
Housing should be a place to live, not a washing machine for criminal wealth.
#auspol #ausproperty #housingcrisis #moneylaundering
https://www.macrobusiness.com.au/2026/08/anti-money-laundering-laws-pose-another-threat-to-house-prices/
Mojo ♻️
npub1m5…jnnzx
2026-08-20 04:29:02 UTC
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wss://relay.momostr.pinkPublished at
2026-08-20 04:29:02 UTCEvent JSON
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