In this chapter, we examine the approaches taken within Australian jurisdictions towards the proceeds of crime in the past 25 years, but with a particular focus on changes during the past decade. Features of the laws governing proceeds of crime and asset recovery will be examined to the extent that they set out key measures being adopted and implemented by law-enforcement and prosecution authorities in Australia. In addition, we shall consider some of the organizational and practical changes these agencies have undergone with the goal of taking away the illicit profits from organized crime.