Prime Minister Albanese has announced the commencement of Australia's most significant firearm acquisition program since the landmark 1996 legislation. Launching in November, the New South Wales initiative responds to a recent tragic shooting incident that claimed fifteen lives. The government aims to reduce civilian firearm ownership through compensatory buyback payments reaching up to AUD $1,000 per weapon. Despite Australia's traditionally strict gun regulations, recent statistics reveal a concerning upward trend in firearms possession among the population, prompting renewed policy intervention.

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