Thursday, 13 February 2020
Statements by Members
I've obtained alarming information from a whistleblower regarding ClubsNSW, the peak body representing 770 clubs and which is, in effect, the peak pro-gambling organisation in Australia. In essence, the clubs are required by law to report to AUSTRAC any suspected money laundering or funding of terrorism under what I call the AML and CTF laws. But, according to this 2019 club's board paper, provided by the whistleblower, 'Current levels of AML/CTF compliance are at best five to 10 per cent.' Yes, that's right: 90 to 95 per cent of New South Wales clubs are operating illegally when it comes to money laundering and the funding of terrorism, and no-one is doing anything about it. It is yet another example of the complete and utter failure of our federal and state regulatory agencies to do their jobs, and another example of the corrupt political parties and politicians who turn a blind eye to their mates and former colleagues in the gambling industry, a sector that invests millions of dollars in tainted political donations. No wonder the Liberal, Labor and National parties voted down my move last year for an inquiry into the gambling industry. I seek leave to table the document.
Leave is not granted.
Deputy Speaker, they're running a protection racket for the gambling industry—