House debates Bills

Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2026; Second Reading

Wednesday, 9 September 2026 House of Representatives

Michael McCormack

Michael McCormack Riverina, National Party

6:20 pm

or silver, yes. Thank you, Member for Bruce. I have to say scams are something that are parting a lot of good and hardworking people from their money. Anything that the government can do—by way of information, by way of these sorts of forums or by cracking down on this in a legal sense—should be encouraged. Absolutely it should, because these scams are becoming more widespread, more targeted and more sophisticated. They are leading to people, particularly older people, losing their life savings. And it's simply not right.

This bill has, as I say, coalition support. We have said that we are not just going to give it a complete blank cheque. Obviously the Senate will have its say on this particular bill, various points and details about it, but it is a bill worthy of the House's support.

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