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.



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