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Australia Sees 3-fold Increase in Suspected Terror Financing

Australia's financial intelligence agency has reported a three-fold increase in the number of Australian transactions suspected to be funding terrorism. But the government says on Wednesday the increase reflects greater vigilance rather than a growing incidence of the crime of financing terrorists. Austrac said in its annual report this week that the 536 suspected terrorism-related transactions reported to security agencies in the fiscal year that ended on June 30 were a 300...

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