Why Australia needs a Magnitsky Law

The global Magnitsky movement is giving human rights the teeth to bite, rather than gnash, by preventing human rights abusers and corrupt officials from enjoying the fruits of their ill-gotten gains. Yet despite the US, UK and Canada now having comprehensive Magnitsky Acts, Australia has resisted the push to update its ineffective and cumbersome legislation. And by falling behind the curve it potentially creates an incentive for bad actors to keep their money in Australia to avoid sanctions.