[guidedlight]

I’m not so sure. The global economy is awash at the moment with money laundering, aggressive banking practices, and other shady activity.

It seems Australia (in particular) has had enough, and is starting to throw it into the public domain. Australia has a good reputation to follow through (see Catholic abuse commission)

The Australian public in particular has had a guts full of persistent high housing prices, aggressive foreign investment behaviour, and foreign hedge funds carving out Australian businesses.

[wycx]

Both major parties have enthusiastically consulting but never quite getting around to passing second tranche of anti-money laundering legislation [1].

Some people say no one is interested in passing it because it might reduce flows of money necessary for sustaining the price of Australian real estate.

[1] https://www.macrobusiness.com.au/2018/03/federal-government-...

[chris_wot]

The Australian government has no choice but to push hard to get regulators to go after the banks. They were asleep at the wheel for years and it was only after enormous pressure that they allowed a Royal Commission.

Now they are singing a different tune. I'll be very interested in seeing what happens.

[cat199]

> persistent high housing prices, aggressive foreign investment behaviour, and foreign hedge funds carving out Australian businesses.

yet here in the USA, thinking the same way would get you branded a facist..