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National Press Club: The Lucky Laundry @Canberra Writers Festival

Australia is awash with dirty money. Go undercover with financial crime expert Nathan Lynch as he delves deep inside this hidden world to explain how dark money has infected the lives of ordinary people and tainted Australian democracy.

Recorded on August 11th 2022 for the Canberra Writers Festival.

Nathan’s Book: https://www.harpercollins.com.au/9781460713372/the-lucky-laundry/
https://michaelwest.com.au/money-laundering-fuels-house-prices-aml-ctf/

Patreon: https://www.patreon.com/TheWestReport
Merch: https://lonelykidsclub.com/new/michael+west
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Written by The West Report

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  1. Why does everyone need to acknowledge the Aborigines whenever they open their mouth? It’s really tiresome because no one means it. Before Michael West arrived on this day did he know the name of the tribe that lived in the area?

  2. A salient comment during the interview. Many Australian politicians own multiple properties. Anti corruption Real Estate laws may negatively affect property prices. Will self interest trump public interest ?

  3. Love the comment at the end "buy it or steal it I don't care" there are unsung heroes that scan in very expensive educational books for poeple to download next is the university class search engines…

  4. Was this on the ABC & Sky News . I know Sky would not cover it. There was a day 4 or 5 years ago that all National Press Club appearances appeared on the ABC.

  5. Advertising is neck deep in it also. The legitimization of shell companies and the physical trading of their products are keystones in the laundering process. Advertising is used to enable this.

  6. 33:49 There it is, thats the why for all of it. Ok with Westpacs new market of customers who love kids a little too much, ok with all the other rampant corruption and incompetence. 51% voters as renters is when the party instantly comes to an end.

  7. Did you seriously give credit to Bill Browder, and black rock? My god Michael, how far you've fallen.

    Do you even know anything about the man. The billionaire who scammed the Russians out of hundreds of millions of taxes, during the time the western oligarchs were plundering the Russian economy in the 90s.

    And when they tried to demand he pay his taxes, he ran to the yanks and demanded protection and helped them create the utter travesty of sanctions called the magnisky act. Which have now been applied to hundreds of millions around the world devastating the poor.

    And then we have black rock. The American hedge fund with assets that exceed 7 trillion worldwide who make anything you accuse China or Russia of look like small change. And this potato defends them suggesting they are honest actors. My god, is this what Michael West is now, just another corporate media ghoul that fuels cold war rhetoric and shields Americans.

    I'm really disappointed in you. I honestly think you do a dis-service to all your efforts by letting these people get away with this bollocks.

  8. . So excited to see other people involved in doing something about Australia and the criminal political Politicians agenda turning the police and judicial system against the Taxpayers that they are clearly steeling from.

  9. Thank you to the last questioner making the comment as to Australia’s homelessness crisis. Which is also a housing crisis. Australia’s 10 trillion dollar property obsession doesn’t only cost the under 40’s. Some of us will never own, and don’t even have the anticipation of the trillion dollar wealth handover coming. Wealth distribution is a major problem in this country. And the housing bubble will never benefit those at the bottom of the trickle down economy. It is single mothers and vulnerable young people amongst those paying the ultimate price. As I love to say about trickle down economics, it only exists because someone is pissing on you from above.

  10. 1 Timothy 6:9-11 KJV
    [9] But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. [10] For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. [11] But thou, O man of God, flee these things; and follow after righteousness, godliness, faith, love, patience, meekness.

  11. Strayays a shithole. Filth crime and corruption. Getting rid of the libnats helps, but crooked casinos, crooked banks, aged care killers…no one goes to jail. The water theft, robodebt…just a shithole..

  12. Are Government agencies part of the plot as most are not fit for purpose?
    For instance, the Australian Financial Complaints Authority's (AFCA's) said it received 72,358 complaints in 2021-22. Complaints about banks, insurers, super funds, investment firms and financial advisers – bundled together. Specific collapsed funds, such as Trio Capital, Sterling First, Great Southern and funds held by Melissa Caddock were not identified. So why did AFCA specifically acknowledge it had received over 1,200 complaints against ACBF/Youpla?

    Hundreds of thousands of Australians have lost savings to misconduct in the financial sector and have no recourse for justice. Superannuation saw $40 billion stolen or misappropriated from Australians since 2008. The Financial Service Royal Commission (FSRC) found billions of dollars were misappropriated through banking bad behaviour.

    Is it a plot? See the level of regulatory failure.
    http://www.mysuperrights.info/resources/Trio%20Fraud%20Manual%202.pdf

  13. How many thousands of Australian families have been denied a house because of the government protecting money laundering through property? If the mainstream media actually did their job and reported on this it would be a massive scandal and would have been fixed by now because so many honest working people are missing out on owning their own home purely because they can’t compete with corrupt stolen money.

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