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AAP
AAP
Politics
Andrew Brown

Money laundering crackdown looms in federal overhaul

Australia Terrorism
Money laundering laws would help bring Australia more into line with international standards. (Tim Dornin/AAP PHOTOS)

Money launderers will soon have a harder time funnelling dirty cash through Australia as part of a federal government crack down.

A Senate inquiry has recommended parliament pass laws that would impose further regulations on professions such as lawyers and accountants to prevent the businesses being used as a front for money laundering or financing terrorism.

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