Minister for Home Affairs Tony Burke at a press conference at Parliament House in Canberra, Australia, on Aug. 4, 2025. AAP Image/Mick Tsikas
Australia’s financial crime regulator, Australian Transaction Reports and Analysis Centre (AUSTRAC), will gain new powers under a crackdown on money laundering and scams.
Speaking at the National Press Club, Home Affairs Minister Tony Burke announced new legislation that aims to curb emerging threats such as cryptocurrency ATMs and money-laundering schemes.
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