Bank of China laundering money into Australian real-estate on a massive scale

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Excellent comment from MB;

But how could any grubby money from China be getting to Australia?

Our borders are carefully guarded by a battalion (8 in fact) of highly trained operatives of the FIRB administering procedures more finely honed than the workings of a Swiss watch.

All those first home buyers must delighted to know that part of the reason they remain priced out of the market is that the Australian government has made hiding grubby Chinese money part of its ‘Open for Business’ strategy.

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