“In order to achieve the objectives and maximise the impact of Australian sanctions, it is essential that the potential targets of sanctions do not receive advance notice,” the government said.
Senator Kitching, a long-standing proponent of Magnitsky-style laws, welcomed the government’s announcement. She said earlier in the week the new regime should be done in a “multi-partisan way”.
Liberal senator James Paterson, who has also been pushing for the laws for years, said the move would “directly target those who abuse human rights, threaten our national security or engage in corrupt conduct”.
“This will help uphold human rights and protect Australia from those who want to stash their ill-gotten gains offshore,” he said.