🇦🇺 Australian Government Intelligence & Advisory Platform
YourGov.com.au
Federal
Non-corporate Commonwealth Entity
Immigration and Border Control

Australian Transaction Reports and Analysis Centre

Portfolio: Home Affairs

http://www.austrac.gov.au

Annual Budget

$246M

2026-27 Budget (Budget Paper No. 4)
-1.7%vs prior year ($250M)
Total Revenue

$130M

2024-25 Total Revenue
Staff

550

Headcount (2024-25)
Major Digital Projects
13

National Criminal Intelligence System (NCIS)

Australian Criminal Intelligence Commission

Tier 1
DCA: Medium
Active

Total Budget

$373.7M

Digital Budget

$373.7M

January 2018June 2027

The NCIS will provide secure access to a national view of criminal information and intelligence.

Anti-Money Laundering and Counter-Terrorism Financing Reform - AUSTRAC

Australian Transaction Reports and Analysis Centre (AUSTRAC)

Tier 2
DCA: High
Active

Total Budget

$159.4M

Digital Budget

$53.1M

July 2024June 2026

The Australian Government is reforming Australia’s Anti Money Laundering and Counter Terrorism Financing (AML/CTF) regime to combat illicit financing and meet international standards, extending regulation to Tranche 2 entities. AUSTRAC will implement these changes, increasing the regulated population from 17,000 to over 100,000. This expansion will profoundly impact AUSTRAC’s regulatory activities, requiring a redesign of its approach.

Digital Trade Accelerator Projects (DTAP)

Department of Home Affairs

Tier 2
DCA: High
Active

Total Budget

$29.9M

Digital Budget

$29.9M

July 2024June 2026

The DTAP will improve cross-border trade by enhancing border and biosecurity risk assessments and government-to-business trade data sharing.

National Automated Fingerprint Identification System (NAFIS) NextGen

Australian Criminal Intelligence Commission

Tier 2
DCA: High
Active

Total Budget

$40.2M

Digital Budget

$40.2M

November 2020October 2025

The NAFIS NextGen will provide improved system serviceability by implementing a modern, future-proof software platform and cloud infrastructure hosting for the matching of national fingerprint data.

National Firearms Register (NFR) Program

Australian Criminal Intelligence Commission

Tier 2
DCA: Medium
Active

Total Budget

$161.2M

Digital Budget

$161.2M

July 2024June 2028

The NFR Program is delivering a significant capability uplift of the existing Australian Firearms Information Network (AFIN). As part of this uplift, the program will deliver a secure, end-to-end information management sharing system for firearm licences and permits. The NFR will provide timely, consistent and accurate information on firearms and their owners across all jurisdictions, strengthening law enforcement capability and enhancing police and community safety. The program is being delivered under a federated model across multiple Commonwealth agencies and jurisdictions. The financial figures presented in this report relate specifically to Commonwealth funding provided to the Australian Criminal Intelligence Commission as the lead agency, and do not include funding allocated to other Commonwealth agencies or jurisdictions participating in the broader program implementation. At the time of preparing this reporting, the program is subject to the escalation protocols set out in the Assurance Framework for Digital and ICT Investments. These protocols are designed to support agencies in the timely resolution of delivery challenges.

Streamlining the Cargo Intervention Model (SCIM) – First Pass Business Case

Department of Home Affairs

Tier 2
DCA: Medium
Active

Total Budget

$25.2M

Digital Budget

$25.2M

February 2024June 2027

This project will design, test and evaluate new cargo intervention models for cross-border trade. A trial will be conducted at a selected high-volume seaport.

Visa Modernisation/Digitisation – Sustaining Visa Processing Capability (SVPC)

Department of Home Affairs

Tier 2
DCA: High
Active

Total Budget

$24.2M

Digital Budget

$24.2M

July 2023June 2026

This investment will improve existing visa systems in Home Affairs. Enhancements will be designed for future reuse and deliver broad operational benefits. This investment is an interim solution to sustain and enhance the existing ICT visa systems to improve visa service delivery and increase Australia’s attractiveness as a destination for travellers, temporary residents and migrants.

Australian Border Force (ABF) NEXUS

Department of Home Affairs

Tier 3
Active

Total Budget

$6.7M

Digital Budget

$6.7M

January 2024June 2027

This project involves the development and trial of ABF Nexus application in the air cargo domain and the development of the business case for full roll out of the application across all operational domains Australia wide. Once rolled out, the application will be used nationally to record cargo examination information.

Disaster Program Management System (DPMS)

National Emergency Management Agency

Tier 3
Paused

Total Budget

$6.8M

Digital Budget

$6.8M

July 2024TBC

The DPMS will accurately track Disaster Recovery Funding Arrangements (DRFA) programs at the community level and generate improved insights into program management. It will improve stability, automation and end-to-end processes, and create a robust foundation for improvements that will provide appropriate oversight of delivery of Commonwealth-funded programs.

Investigation Management Solution (IMS) Program

Australian Federal Police

Tier 3
Closed

Total Budget

$54.5M

Digital Budget

$54.5M

April 2020June 2025

The IMS provides the Australian Federal Police (AFP) with the ability to manage investigative processes and related investigative information in a single system, enabling a consistent approach to the management of investigative information across the AFP.

Operations and Funding Arrangements for the Australian Criminal Intelligence Commission (ACIC) – Secure Internet Gateway

Australian Criminal Intelligence Commission

Tier 3
Closed

Total Budget

$6.4M

Digital Budget

$6.4M

December 2023September 2025

This project involved the transition of the Secure Internet Gateway (SIG) to provide the agency with secure entry and exit points for services consumed and provided via the internet. This project related to operations and funding arrangements for the ACIC.

Paperless Trading – Digital Verification Platform (DVP)

Department of Home Affairs

Tier 3
Closed

Total Budget

$9.1M

Digital Budget

$9.1M

January 2022February 2025

This project involved the implementation of a DVP for priority trade documentation that will simplify trade for Australian exporters with trusted digital trade documents.

Risk Assessment Tobacco

Department of Home Affairs

Tier 3
Active

Total Budget

$10.1M

Digital Budget

$10.1M

April 2024June 2027

This project involves the uplift of vaping and illicit tobacco risk targeting and threat detection.

Ideas relevant to this department

8 tagged

Reform proposals on YourGov that name this department as a delivery partner — drawn from citizen voice, government strategy, research, international examples and gap analysis.

STRATEGY SUMMARY

To build resilience in the financial system and use financial intelligence and regulation to detect, deter and disrupt money laundering, terrorism financing, and other serious crime [AR p.17]

VISION

A community protected from financially enabled crime [AR p.5]

Corporate Plan 2025 · p.5

PURPOSE

To build resilience in the financial system and use financial intelligence and regulation to detect, deter and disrupt money laundering, terrorism financing, and other serious crime [AR p.17]

Corporate Plan 2025 · p.17

Strategic priorities

· 1

1

Efforts are directed to areas of highest risk and harm as defined by the NRA, NIC missions and SOCCC priorities

Corporate Plan 2025 · p.9

Outcomes

· 3

Priority 1: Successfully implement the Government’s AML/CTF reforms

Efforts are directed to areas of highest risk and harm as defined by the NRA, NIC missions and SOCCC priorities

KEY ACTIVITIES

  • 'Tranche 2' entities understand their AML/CTF obligations and start appropriately managing their ML/TF/PF risks

Priority 2: Transform into a world leading data driven digital agency

Efforts are directed to areas of highest risk and harm as defined by the NRA, NIC missions and SOCCC priorities

KEY ACTIVITIES

  • Identify critical capabilities, access professional development programs, and expand core skills offerings

Priority 3: Embed new sectors into the regime to a global standard

Efforts are directed to areas of highest risk and harm as defined by the NRA, NIC missions and SOCCC priorities

KEY ACTIVITIES

  • Develop guidance and 'starter kits' comprising risk assessments and AML/CTF programs for smaller, less complex businesses

Values

· 4

Trusted

Inclusive

Collaborative

Impactful

Performance measures

· 17

CodeMeasureTarget 2025-26Latest resultStatus

1

Improvement in key indicators of money laundering and terrorism financing risk in response to key risks

Establish a baseline

Corporate Plan 2025 · p.37

Annual Report 2024-25

2

Percentage of regulatory activities targeted at reporting entities exposed to the highest inherent risk

Establish a baseline

Corporate Plan 2025 · p.37

Annual Report 2024-25

3

Improvement or maintenance of Partnership Engagement Score

Establish a baseline

Corporate Plan 2025 · p.38

Annual Report 2024-25

4

Improvement or maintenance of ratio of intelligence products to partner substantive action

Establish a baseline

Corporate Plan 2025 · p.39

Annual Report 2024-25

1.1

Percentage of referrals to selected taskforces that generated an outcome

65%

Annual Report 2024-25 · p.41
Achieved

1.2

Percentage of intelligence products that identified a new theme, threat or insight

50%

Annual Report 2024-25 · p.42
Achieved

1.3

Percentage of financial intelligence exchanges that are with prioritised foreign FIUs

62%

Annual Report 2024-25 · p.43
Achieved

2.1

Percentage of event/workshop attendees/e-learning participants who reported a MODERATE (or higher) improvement in their understanding of the AML/CTF obligations

68%

Annual Report 2024-25 · p.44
Not achieved

2.2

Percentage of relevant stakeholders who reported a MODERATELY (or higher) rating on the usefulness of AUSTRAC’s guidance materials

87%

Annual Report 2024-25 · p.45
Achieved

2.3

Percentage of stakeholders who report AUSTRAC’s intelligence products had a MODERATE (or higher) level impact on their understanding of vulnerabilities in the financial system

72%

Annual Report 2024-25 · p.45
Achieved

3.1

Percentage of reporting entities who strengthened their AML/CTF controls after AUSTRAC engagement

71%

Annual Report 2024-25 · p.45
Achieved

3.2

Percentage of reporting entities who submitted their compliance reports on time

83%

Annual Report 2024-25 · p.45
Achieved

3.3

Percentage of regulatory work proactively identified by AUSTRAC

77%

Annual Report 2024-25 · p.45
Achieved

3.4

Percentage of externally-funded international capability development programs, which realised a capability uplift

100%

Annual Report 2024-25 · p.45
Achieved

3.5

Number of Fintel Alliance-coded suspicious matter reports (SMRs) received

18,791

Annual Report 2024-25 · p.45
Achieved

4.1

Percentage of stakeholders who rated the impact of AUSTRAC’s financial intelligence to their work as having SOMEWHAT OF AN IMPACT (or higher)

80%

Annual Report 2024-25 · p.45
Achieved

4.2

Percentage of partner agency AWB users who rated the impact of AUSTRAC’s data available via AWB to their work as SOMEWHAT OF AN IMPACT (or higher)

98%

Annual Report 2024-25 · p.45
Achieved

Ideas distilled from this entity's strategy & evidence

· 8

Regulation & Policy

Moderate improvement in understanding of AML/CTF obligations

Launch an interactive online module to boost understanding of AML/CTF obligations among reporting entities.

Impact: Medium
Effort: Medium
Medium

2024-25.pdf [AR p.44]

Regulation & Policy

Singapore Fintech Regulatory Sandbox

Establish a regulatory sandbox modeled on Singapore’s to foster fintech innovation while ensuring compliance.

Impact: High
Effort: High
Large

singapore-fintech-sandbox.txt

Data & Performance

Expand data sharing with partner agencies

Implement a secure data-sharing platform to enhance collaboration with partner agencies on financial intelligence.

Impact: High
Effort: High
Large

2025-26.pdf [CP p.11]

Data & Performance

Create a public dashboard for financial intelligence

Build a public dashboard showing weekly active-compliance-monitoring counts by AUSTRAC decision class.

Impact: Medium
Effort: Low
Small

2024-25.pdf [AR p.45]

Regulation & Policy

Increase proactive regulatory work

Implement a predictive analytics tool to identify and proactively address potential regulatory issues.

Impact: Medium
Effort: Medium
Medium

2024-25.pdf [AR p.45]

Regulation & Policy

Adopt UK’s Financial Crime Strategy

Adopt and adapt the UK’s Financial Crime Strategy to enhance AUSTRAC’s regulatory framework.

Impact: High
Effort: High
Large

uk-financial-crime-strategy.txt

Regulation & Policy

Enhance guidance materials for stakeholders

Develop more comprehensive and user-friendly guidance materials for stakeholders on AML/CTF compliance.

Impact: Medium
Effort: Medium
Medium

2025-26.pdf [CP p.11]

Data & Performance

Automate routine compliance reports

Automate the generation of routine compliance reports to reduce manual workload and errors.

Impact: High
Effort: Low
Small

2024-25.pdf [AR p.45]

Regulation & Policy

Moderate improvement in understanding of AML/CTF obligations

Launch an interactive online module to boost understanding of AML/CTF obligations among reporting entities.

Impact: Medium
Effort: Medium
Medium

2024-25.pdf [AR p.44]

Regulation & Policy

Singapore Fintech Regulatory Sandbox

Establish a regulatory sandbox modeled on Singapore’s to foster fintech innovation while ensuring compliance.

Impact: High
Effort: High
Large

singapore-fintech-sandbox.txt

Data & Performance

Expand data sharing with partner agencies

Implement a secure data-sharing platform to enhance collaboration with partner agencies on financial intelligence.

Impact: High
Effort: High
Large

2025-26.pdf [CP p.11]

Data & Performance

Create a public dashboard for financial intelligence

Build a public dashboard showing weekly active-compliance-monitoring counts by AUSTRAC decision class.

Impact: Medium
Effort: Low
Small

2024-25.pdf [AR p.45]

Regulation & Policy

Increase proactive regulatory work

Implement a predictive analytics tool to identify and proactively address potential regulatory issues.

Impact: Medium
Effort: Medium
Medium

2024-25.pdf [AR p.45]

Regulation & Policy

Adopt UK’s Financial Crime Strategy

Adopt and adapt the UK’s Financial Crime Strategy to enhance AUSTRAC’s regulatory framework.

Impact: High
Effort: High
Large

uk-financial-crime-strategy.txt

Regulation & Policy

Enhance guidance materials for stakeholders

Develop more comprehensive and user-friendly guidance materials for stakeholders on AML/CTF compliance.

Impact: Medium
Effort: Medium
Medium

2025-26.pdf [CP p.11]

Data & Performance

Automate routine compliance reports

Automate the generation of routine compliance reports to reduce manual workload and errors.

Impact: High
Effort: Low
Small

2024-25.pdf [AR p.45]

Legislation administered

· 3

Act

2006

Anti-Money Laundering and Counter-Terrorism Financing Act 2006

To regulate financial, gambling, bullion, remittance and digital currency exchange services to detect, deter and disrupt money laundering, terrorism financing and other serious crime.

Act

2024

Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024

To extend the existing AML/CTF legislation to capture additional professions and industries and to simplify and modernise the AML/CTF regime.

Regulation

2006

Anti-Money Laundering and Counter-Terrorism Financing Rules

To provide detailed requirements and guidelines for entities regulated under the AML/CTF Act.

Want the full analysis?

Download this month's report covering Australian Transaction Reports and Analysis Centre