Evaluating the effectiveness of Australia's confiscation laws

For more than a decade Australian jurisdictions have enthusiastically embraced wide-reaching laws for the forfeiture and confiscation of the proceeds of crime. These were offered as new and potent weapons against organised crime. Despite the lack of evidence regarding its effectiveness, this type of legislation has become progressively more severe. This paper enquires how such legislation has been applied in practice over the past ten years, whether it has been properly targeted, whether it has achieved its intended deterrent effect, and whether the enactment of ever more draconian measures is the appropriate policy response.