Australia news live: Tony Burke announces crackdown on crypto ATMs used by money laundering mules | Australia news

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Real household income has grown between 2023 and 2024, after two years of declines, but around one in five people aged 15 and over are now experiencing financial stress – the highest in more than a decade, new research from the Australian Institute of Health and Welfare has found. Details on their way.

The home affairs minister, Tony Burke, will use a speech at the National Press Club in Canberra today to announce new powers to crack down on crypto ATMs and cryptocurrency that are used for money laundering and terrorism…

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