The Latest Breaking News from AUSTRAC

The story of the Aboriginal Community Benefit Fund, whose name and marketing misled thousands of customers into believing it was Indigenous owned and run, is a stark example of how Australia’s financial regulations have let down Indigenous people.

Perth Mint is learning from "past mistakes" and co-operating fully with an investigation by the financial crime regulator, its chair says.

Money laundering doesn't just happen in the movies and is widespread across Australia's financial and property markets, law enforcement agencies say.

As the London Bullion Market Association launches a probe into allegations surrounding the Perth Mint, here's what you need to know about the controversy.

Watchdog has warned industry officials it had ‘identified serious non-compliance in a number of businesses’

Perth Mint's international reputation has been damaged by gold "doping" revelations and past anti-money laundering failures.

Already under external audit, Perth Mint is facing questions over its sale of gold to a former bikie who allegedly only had to show his driver's licence.

A Four Corners investigation uncovers major holes in the money laundering defences of Australia's biggest mint — failings that could cost taxpayers billions of dollars.

Lawyers, accountants and real estate agents can face little scrutiny and there is as yet no action from government to increase regulation