AUS makes it easy for criminals to launder money through real estate

in some cases… “concealing illicit money flows as rental income, and investing illicit cash into property improvement activities,”

the AUS government fails to prevent this. “The state’s real estate laws have not been updated in the almost decade since that ruling.”

use of real estate for money laundering continues to be a problem all over the world. speculation over worth makes it attractive to criminals and hard to detect.
governments should not allow housing to be a collectible asset traded by criminals.