Lights out and blinds drawn on the Australian dream as black money fuels house prices – Michael West

Gaping loopholes, earnest advisers and an international reputation for stability have made Australia a place of choice for illicit funds. Despite a crackdown on the foreign ownership of established houses, there are still many ways for crooks to score a piece of the action, no matter which government is in power, writes Nathan Lynch in an extract from his book The Lucky Laundry – how the Aussie economy got hooked on the world’s dirtiest cash.

Lights out and blinds drawn on the Australian dream as black money fuels house prices – Michael West

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