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Labor proposes crackdown on ’dirty money’ laundered through Australian real estate

Real estate agents, lawyers and accountants will be forced to report dirty money that is used to buy property if Labor wins the upcoming federal election.

Labor proposes crackdown on ’dirty money’ laundered through Australian real estate
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Labor proposes crackdown on ’dirty money’ laundered through Australian real estate

Shadow Treasurer Chris Bowen pledged to extend anti-money laundering (AML) laws to professionals including real estate agents, solicitors and accountants.

Read more at the ABC.

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