AUSTRAC News & Media

AUSTRAC Operation Taipan: Money Laundering Investigation Analysis

AUSTRAC has published an analysis of Operation Taipan, a significant money laundering investigation that led to the dismantling of a criminal syndicate depositing $62 million through ATMs. The operation highlighted the effectiveness of the Fintel Alliance public-private partnership in combating financial crime.

AUSTRAC Releases AML/CTF Program Starter Kits for Small Businesses

AUSTRAC has released Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) program starter kits to assist small businesses in newly regulated sectors. These kits provide practical tools and step-by-step guidance to help businesses meet their compliance obligations under the AML/CTF Act, which will take effect from July 1.

AUSTRAC Guidance on Compulsory Examination Powers

AUSTRAC has published new guidance on its compulsory examination powers, introduced by the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024. The guidance clarifies the scope and application of these powers, which require individuals to attend examinations and provide documents.

AUSTRAC CEO Speech on Gambling Financial Crime Risks

AUSTRAC CEO Brendan Thomas delivered a speech on March 12, 2026, addressing the significant financial crime risks within Australia's gambling sector. The speech highlighted the evolving threats of money laundering and terrorism financing, emphasizing the need for robust Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) controls.

AUSTRAC CEO Speech on Money Laundering and Legal Profession's Role

AUSTRAC CEO Brendan Thomas delivered a speech on March 12, 2026, detailing the mechanics and harm of money laundering. The speech emphasized the legal profession's role in preventing these activities, which cost Australia over $80 billion annually.