The FATF report goes into it in more detail [0], but to put it very simply - Australia doesn't have the protections it should, when it comes to money laundering.
No. The linked article admits they're wildly guessing and links to another report with recommendations but no numbers I saw from a skim. I hear this repeated regularly on HN but am yet to see a reliable source beyond "but it's Chinese money".
No. Australia's national money laundering assessment [0] is not virtue signalling as a cover for racism. There's a history of money laundering for terrorism, child exploitation, slavery, and drug trafficking. There's also a history of arrests, and government task force projects to try and change that.
My interpretation is that the parent is referring to the link between Chinese realestate buyers in Australia and criminal activity. It’s almost subliminal how the conversation shifted
There was also the "white Australia policy" though. And China is the perfect scapegoat, like NK, since they seldom make public statements, and when they do, the west tend to treat it as across the board false.
But the top Area Studies scholars are not working for the government. I hang out in quite a few Chinese telegram chats (mostly sysadmins and just bullshitting - the term translates well literally but carries a slightly different connotation in that it's not falsity per se but bragging/exaggeration OR falsity, depending on context). There's a pretty general sense of neo-imperialistic motives on the part of the west and it's hard to blame them considering that for a nation that wasn't annexed it effectively had very little to no say in the administration of various parts of its territories for 160 years. Whether out of arrogance or because there's a huge blind spot (or both), this has led to missing out on numerous opportunities in effectively gain leverage on the CCP in significant ways, like getting rid of the quota system for H1-B visas so those who were on F-1s and graduate can actually stay and work in the US, or give general asylum to the protestors against the Chinese takeover of HK, a cohort that is educated, have relevant skills, speaks English, and compared to the rest of China, are relatively wealthy. The official fear of a brain drain have been around since the 1880s - the Chinese Exclusion Act was the preferred policy of both the US and Chinese governments, one that helped nobody and legitimized racism parallel to Jim Crow. One would think that we'd be over that by now.
There's some chatter that there's a soft-coup since Xi haven't been leading the nightly 30 minutes of propaganda, probably for the first time since the 1980s the news, broadcast nationally, didn't lead off with some inane report of leadership meeting dignitaries. The truth is anybody's guess but an actual military coup is unlikely to occur after the Lin Biao incident. The fact that America doesn't even seem to be aware of this is telling, and in North Korea's case, even more amplified.
Also, a nation-state cannot by definite launder any money since money laundering is only a thing because the state wants its cut. But here, by their theory, all of the money is going to the nation-state so... what laundering are they talking about? Theft, perhaps. Expropriation? Sure. But laundering? That makes no sense unless you internalize that America or whoever is actually the world's policeman. Good luck with maintaining credibility with that outlook.
Worked with the Stolen Generation. Trying to fix the massive gaping problems that Australia's racist policies have caused in the past. I'm the last to deny that there are racist problems.
However, the money laundering problems have primarily come from China. That's what the history shows, and why there's the focus there. The country itself isn't being blamed. The absence of protections between Australia and China, across regulatory borders, is what is being blamed.
