Australia's Descends Even Further Into Communism As New Laws Ban Money Laundering Through Property Market

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Real Estate agents across the country are furious this week, after the Federal Government once again passes through economic reforms that they didn't even mention prior to the election.

Betoota Grove based realtor, Nigel Forehead (42) says it feels like this far-left communist government will stop at nothing until they destroy the greatest industry that this nation has ever seen.

"Property speculation isn't just luck" he says.

"It's for smart people who take risks. But in 2026, those people are punished. Why? Because of jealousy"

Nigel says the most recent announcement from the Australian Transaction Reports and Analysis Centre is a targetting attack on the only industry that doesn't put it's hand out for government support.

"First they disincentivised land-banking through the removal of the capital gains tax discount from property investments, and now this?"

"What a sorry state of the world. These crackdowns are overzealous and serve no purpose other than redistributing wealth away from the people actually having a crack, and giving it to entitled young people who don't know how to save"

Nigel is of course referring to the new laws that stipulate from July 1, real estate agents, conveyancers, lawyers and others must verify their customers in a similar way that banks and casinos do.

These new laws are reportedly aimed at tackling money laundering through the Australian property market, which real estate agents claims to see no sign of.

"It's just more red tape" he says.

"It's just an over-bloated bureaucracy forcing us to abide by the communist manifesto""

However, the government says these new laws are aimed at ensuring that family homes don't become laundries for the proceeds of organised crime, which has apparently been a rather common occurence for many decades now. AUSTRAC estimates that in 2020 alone, when no working Australians were in a position to buy a home due to the global pandemic, the domestic real estate market still ushered in $1 billion dollars from criminals linked to China.

That's just one from country, in one calendar year.

"They are trying to tank the market" says Nigel.

"And for what? To stop crime? That's a load of bullshit. It's actually racist when you think about it"

"Why is it our problem that this so-called 'working class' have blown all their money on booze and White Fox hoodies"