Australian Crime Commission annual report 2010-2011

Serious and organised crime is an ever-evolving transnational phenomenon. But for all its manifestations, the underlying motivations are constant: greed and power drive organised crime and money is its lifeblood. This greed has a significant impact on all of us. Organised crime threatens national security, affects our wellbeing and undermines our economy. In monetary value alone, organised crime costs the Australian community around $15 billion a year. Add to this the untold damage caused to communities, families and individuals. The Australian Crime Commission (ACC) reduces that impact by working with our partner agencies to identify, disrupt and prevent organised crime of national significance. It does this by bringing people together to defeat, and defend against, serious and organised crime, through effective use of knowledge derived from criminal intelligence. This report outlines the ACC’s performance for 2010–11 and includes audited financial statements. It has been prepared in accordance with the requirements of the Financial Management and Accountability Act 1997 and the Requirements for Annual Reports for Departments, Executive Agencies and FMA Act Bodies (8 July 2011) approved by the Joint Committee of Public Accounts and Audit