The buy back program was an amnesty thing that expired after 12 months. After that, there was confiscation.
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http://www.oicu2.com/afc/ausi.html
>Here in Australia New gun laws from the Federal government have made the >retaining of Semi-Automatic & Automatic type weapons illegal. This was a kick >started by the massacre in Tasmania, where approx. 36 people were gunned down >by a `madman' at or near the Port Arthur tourist cafe. Hysteria was stirred >up across Austalia and many citizens joined in the cry to take personally >owned guns away. Street marches for and against resulted, with suggestions >that guns could be crimped where possible, not removed from our >citizens...Prime Minister Howard vetoed this, and put tremendous pressure on >the States to all agree to ban guns by legislation. This was achieved. > >Victoria was the first to hand over the guns; a 12 months amnesty is being >allowed; the government is offering a buy back system which of course does >not adequately recompense the gun owners...there has been a huge bonfire of >collected guns since all this began.
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