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Let's admit it, we're a joke. Full stop.

The rich getting richer. The poor get the picture.

"Money for nothing, Cheques for free..." Mr Knopfler will be amused... 😂

The classic politician's fallback tactic is the mirror response. We'll look into it. Should a law be enacted, it is called Swiss cheese legislation.

You can buy a property for $X, tip $3X in black-money impovements into it, and sell it for $4X after 12 months, and nobody even has the power to ask why you made a huge tax-free profit.

whooooa, they actually said that they have to consult the "stake-holders" of money laundering first?

Nothing will happen - the property Ponzi must continue at all costs

Casinos in Australia....nail in the coffin.

Great hearing you speak at McBrides sentencing hearing Michael. Thank you. This is another great report. I personally want to thank you for your continued support for what is right.

Does HSBC still claim to be the most effective launderers , they get awards for this shit....

Money laundering propping up the Australian economy.

Love it! Thanks for exposing this again! Such corruption! Shame !

The consultation always lasts until the next election.

We’ve come to learn that when it comes to Australian politics it is always worse than our worst guess. Australia is one of the most secretive ‘democracies’ in the world. Why so secret? Bent.

Yes, well put, Australia is a white collar criminal paradise. It’s just sickening. Dreyfus has been all over the media saying that it would be part of the new upcoming Budget! If they do introduce them I guess that we will have to rely on the independents, yet again, to erase the loopholes? The next parliament will have a lot more independents, I hope.

The shit party and the shit lite party merry go around

How did this country become such a mess and a loss of identity……

Yet another disgrace. Why do we pay the pollies? Aussie Bob 😮😮😮

Sigh...I'm going fishing.

I find it how neo-liberalism says that we don't need the government to solve social issues, that business will solve them for us. The government once supplied affordable housing to its citizens that were disadvantaged and it was an acceptable Christian means to help those who were less fortunate enough. This was society helping others. But somewhere in history anyone who was unfortunate was made an outcast. Someone who could be blamed for bleeding of the system. Somewhere in history the majority forgot about empathy and greed took over. Instead of communities saying; "What can I do for my community?"; people started say; ""What can I get out of my community?", or "How can I get rich and screw you all because I've got a lot of money losers!" Then along came neo-liberalism that promised it could do better than what the government could do for its people. They said that they could make power prices cheaper, hospitals more affordable, education better, telecommunications more efficient, housing would be attainable and so on and so forth. Business does none of this. If anything, business has made society reach a point where no one can no longer afford the basics. I see that people have started to retaliate against the government by voting for more independents. A hung parliament is a true democracy. Now people are demanding that the government start restoring society, and remove the idealology that greed is good.

Really can't see much difference between the two major parties any more, sad that I felt the same when Hawke and Keating were in power too...

*interested stakeholders* lol, they mean the money launderer's 😂

Our governments can learn from the drug trade, they are doing a stellar job for their customers. Year after year the product gets better and better and the price of the product goes down. And the legal economy achieves the opposite, it seems the real gangster are dealing in legal products.

Meanwhile I've had to fill out various forms and declarations because I've got a few shares. And I made sure to comply very fast, since the non compliance comes with been taxed at the highest marginal tax rate.

Appalling. Basically sanctioning crimes 🤦🏻‍♀️

There are automated KYC companies which make it fairly straight forward to meet your AML obligations. The lobbyists aren't concerned about the extra work. They're concerned they will lose the easy dirty money that makes them rich!

Thanks Michael for pointing out the BS that happens or not with our politics

Stakeholders including criminals.

The practice Michael describes I call "parking". That is, by getting concerned parties to wait endlessly. Good video.

AML, surely is not an abbreviation for Australia's Money Launderers?

The Great Australian Grift, Australian Tax Payers being EMBEZZLED by the Australian Government on behalf of Big Business.

Some years ago I read " The Lucky Laundry". Still waiting for Tranche 2!

Sadly, every day more & more, I am losing faith & hope in Labor... a 76 year old who for 55 years has only ever voted Labor... but now... what the heck do I do!

Now that we have Uniparty - we should only pay salary to one party. It would save a lot of taxpayers money.

Some AMLCTF Laws have been introduced. They have resulted in enormous red tape for ordinary people, having to jump through all sorts of "100 point" identification hoops repeatedly for so many things, such as superannuation fund transactions.

“Haiti, Madagascar…and US. “Making property prices impossible for young people”.

Great shirt!! Thank you so much my friend for incredible work and unending support. 💪🏼👊

Love this channel. Thank you Micheal for bringing real issues, that affect us all, to light.

There’ll be a catch..there’s always a catch.

Love the news Mike, but can you cut the background muzak please!

Good work! But what can we expect from a country founded by Convicts and the Rum Corps? 🙃

eat the rich asap, occupy wallstreet had it right a decade ago and things have only gotten worse since then...

I've worked in AML/CTF in banking for quite some time now. Every year I've heard about how "Tranche 2 is finalised and its coming" and yet here we are... Another consolation.... Ffs

Honestly where would we be without a few hero journos...they earn our support I reckon.

Good on ya Mr West! 🫡

Yes they don't want property market to drop ha ha 😅 😆 how meny politicians have invested money 🙄 in property 🙄

They listen to SOME stakeholders hahaha.

Keep up the great work. 👍

Vote for the politicians who ask for the lowest pay. It seems to work fine in business!!!

As a Queenslander I just shake me head...

Thanks

Dreyfus is the worst and it makes me annoyed he was ever given such a prestigious position. I hope he feels embarrassed enough by his poor actions that he quits in shame

Insane stuff... and the only place i here about it is here from MWM. Cheers

Sounds like the high speed rail joke to me.

I doubt it will actually do a thing too many pollies on the take or love the fat party donations

I'm tired of being angry. No wonder so many people would rather not vote, it just focuses of the corruption inherent in our system of government..

What immediately hits me about this piece is how all forms of media can say and show anything about labor. But can never say or show anything about the lnp unless it's positive. If the lnp were still in power would we have seen a pic of Scott and Albo with a bag over his head ? I think not.

Mining, farming and laundering. At least we have 3 things to do now.😅

God help us

when you're too fn p**weak to make a decision: start a committee & a consultation process & pay consultants (ie yr mates) a sh*tload of money. but we as a population are also to blame because we put up with it.

I give up 🤷‍♂️

Cue the wailing and gnashing of teeth

Haha. Its the banks and casinos. I read about guys taking metal boxes with $millions inside into Oz banks, and tellers depositing it. 😂 Nothing to see here. Strayas fucked. 😅🍺🍻

FFS

Disgraceful om

I love you, man. You are the last man standing. Honest ,brave, and moral. 🫡