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Proceeds of crime unlocked to fight crime

Budget 2014-15 

13 May 2014

The Abbott Government is honouring its commitment to once again make money seized from criminals available for programmes to fight crime.

The former Government halted the distribution of money in the Confiscated Assets Account and used this money to prop up the Budget for political reasons. Had this continued, up to $112 million seized from criminals, would be locked up in the account by 2017-18.

The Abbott Government has reversed this decision so that the proceeds of crime will again be available to fund local crime prevention projects and assist law enforcement agencies to disrupt criminal activity.

It has always been the Abbott Government’s intention that proceeds of crime be returned to the community so that the crimes of yesterday can be used to prevent and fight the crimes of tomorrow. The Government has now delivered on its commitment to rightfully return this money to be used for its intended purpose.

The money will now be available for a range of initiatives including the Safer Streets Programme and the expansion of the National Anti-Gangs Squad to Western Australia.

This initiative is part of the Government’s Economic Action Strategy to build a strong, prosperous economy and a safe, secure Australia.

Further information on the Safer Streets Programme is available at www.ag.gov.au.