Australian Postal Corporation and Other Legislation Amendment 2024

# Australian Postal Corporation and Other Legislation Amendment 2024 ## What it does This bill updates the laws governing Australia Post by changing how the organisation is described in legislation and expanding who can report suspected money laundering or terrorism financing. It also adjusts record-keeping requirements for information Australia Post shares with government agencies. ## Why it matters The changes make it easier for more people inside Australia Post to report illegal financial activity to authorities without fear of legal consequences. This is part of Australia's efforts to crack down on money laundering and terrorism financing. ## Key details - **Language update**: The bill replaces references to mail being "carried by post" with "carried by or through Australia Post" — a technical fix that better reflects how modern postal services work. - **Whistleblower protection**: The amendments add AUSTRAC (the financial intelligence agency) staff to the list of people who can safely report suspicious activity under anti-money laundering laws. - **Reporting requirements**: Australia Post must now keep detailed records showing how many times it disclosed customer information to government agencies and which agencies received it — improving transparency around data sharing. - **Timing**: The changes take effect on a date to be announced, but must commence within 6 months of the bill receiving Royal Assent, or automatically kick in after that period ends.

🔒 Voting closed — this bill has been decided by parliament