Introduction
The UK Government recently announced that it is considering the
case for financially incentivising individuals reporting fraud in
economic crime cases by private sector organisations, in an
approach much like the US False Claims Act.
In Australia, the recent passage of the Public Interest
Disclosure Act 2013 (Cth) signals a shift in focus by the
Australian Government towards the prevention of fraud and
corruption in the Australian Public Service.
A likely next step here is the introduction of legislation akin
to that now being considered by the UK Government, with an expanded
focus on fraud and corruption committed by those in the private
sector regularly contracting with government. Such a step, coupled
with the eventual release of the long-awaited National
Anti-Corruption Plan, will be a brave new world for combatting
fraud and corruption in this country.