How AUSTRAC is saving kids from sexual abuse

The financial enforcer is ensuring banks report the kind of transactions that give away the activities of predators.

Madonna King

Sep 1, 2023 – 5.00am

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In 2020, a trickle that became a stream of tiny financial transactions to fund child sexual abuse, eventually became a flood that destroyed some of Australia’s biggest business reputations. And it had the unintended, but enduringly good, impact of adding a valuable weapon to the armoury for the fight against child exploitation.