Australia is grappling with a surge in financial crime, particularly in the real estate sector, as criminals increasingly utilize luxury assets and online platforms to launder money. According to the latest reports, the National Disability Insurance Scheme (NDIS) has been implicated, with allegations that businesses within the scheme have funded $40 million in luxury assets, including cars and 36 properties. Investigations are ongoing, and no charges have been filed as of yet. Furthermore, new research indicates that Australia is trailing Russia in efforts to prevent money laundering in real estate, with reforms aimed at addressing these issues set to take effect by mid-2026. The Secretariat Economic Crime Index 2025 has also been introduced, highlighting the global financial and economic crime landscape and offering insights from 600 leaders, including 65 from Australia, to navigate these challenges.