Transparency International (TI) recently released its 2023 Corruption Index, which revealed that Australia’s score has fallen by ten percentage points since 2012:
![Corruption Index](https://api.macrobusiness.com.au/wp-content/uploads/2024/04/Australia-corruption-index.png)
Australia’s Corruption Index
Transparency International cited Australia’s failure to reform its foreign bribery laws and take more decisive action to regulate lobbying, donations, and the revolving door between big business and politics, as well as lax financial regulations that allowed Australia to be used as a launching pad for regional corruption.