Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Australian government urged to act on real estate money laundering

A real estate advertising board is seen next to a house in Canberra, Friday, March 1, 2019. (AAP Image/Lukas Coch) NO ARCHIVING

A real estate advertising board is seen next to a house in Canberra, Friday, March 1, 2019. Source: AAP

Experts say money from international drug trafficking and other crimes is flowing into the Australian housing market and potentially distorting prices for everyday Australians. They have warned the country is lagging behind other developed nations in combating illicit flows into real estate, and are urging the government to act.


Published

Updated

By Jarni Blakkarly, Sopharany Hay

Source: SBS



Share this with family and friends


Experts say money from international drug trafficking and other crimes is flowing into the Australian housing market and potentially distorting prices for everyday Australians. They have warned the country is lagging behind other developed nations in combating illicit flows into real estate, and are urging the government to act.



Latest podcast episodes

Follow SBS Khmer

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now