The Latest Breaking News from AUSTRAC

Austrac chief Nicole Rose says the financial crimes ombudsman is ‘putting the whole industry on notice to lift their game’

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is launching an investigation into two of the nation's biggest online sports betting companies over money laundering concerns and warns that it wants the multi-billion-dollar gambling industry to "lift its game".

Australia's financial intelligence agency has told online gaming groups Sportsbet and Bet365 it has reasonable grounds to suspect they may have broken the law.

The WA government is warned almost all of its agencies with anti-money laundering and counter-terrorism obligations are at risk of non-compliance with Commonwealth laws. So how bad is it?

The latest Australian Federal Police annual report has revealed there are 55 people serving jail time for terrorism with 19 due for release within five years.

Australia's largest casino groups have been found "unsuitable" to hold licences due to allegations of money laundering and consorting with criminal gangs. But no individuals have faced consequences.

The Perth Mint is the world's largest producer of newly mined gold and turns over $26 billion a year — and now it's in the crosshairs of Australia's financial regulator.

The Australian Transaction Reports and Analysis Centre has been assessing several players in the corporate bookmaking sector

Entain Group, which operates popular Australian betting sites Ladbrokes and Neds, is facing an investigation under laws to tackle organised crime.

The Australian financial crimes regulator said on Monday it opened an investigation into British sports betting giant Entain Plc to assess whether it was complying with anti-money laundering and counter-terrorism financing laws.

South Australian authorities have launched an independent review of Adelaide's SkyCity casino after interstate probes pointed to broader systemic issues within the industry.