> Australia is money laundering paradise and as a result dirty money is pouring in from around the world and sending house prices to the moon because money laun

> Australia is money laundering paradise and as a result dirty money is pouring in from around the world and sending house prices to the moon because money launderers do not care about a fair price, they care about being able to dump the money. I'm not sure that's true. According to the Foreign Investment Review Board[1], foreign residential purchase only makes up about 1% of sales. Are you positing that this is incorrect data by the FIRB, or that these purchases are made in a different way which eludes this data? If so, how? 1. https://www.abc.net.au/news/2024-06-27/foreign-buyers-china-hk-india-want-australian-property-housing/104024004 https://www.abc.net.au/news/2024-06-27/foreign-buyers-china-...