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Funding boost for Sydney anti-gang squad

A special police team that is "tearing down" organised crime in NSW will continue until at least 2019 thanks to a $3 million funding boost from the Commonwealth.

The national anti-gang squad's Sydney strike team has nabbed 47 people and stopped about $20 million worth of methamphetamines from reaching the streets since it was set up in late 2013, according to Justice Minister Michael Keenan.

He said the $3 million would allow the team to continue its work, which includes cracking down on drug trafficking, money laundering, extortion, gun-running and high-level violence.

Mr Keenan said the money would also fund operations by the strike team in regional NSW.

"We know that we are having a great effect in tearing down the organised criminal syndicates that peddle in the misery of drugs in particular," Mr Keenan told reporters in Sydney on Wednesday.

"And we will continue to go as hard as we can to do everything we can at the Commonwealth level to stop these people from preying on our fellow Australians."

The Sydney strike team is one of five around the country and includes two officers from NSW Police, five from the Australian Federal Police, and an Australian Taxation Office analyst.

The Commonwealth is spending $39 million in total to extend the life of its state-based strike teams and a central intelligence centre, following an initial $77 million in 2013 to set up the squad.

Mr Keenan said police were seizing more methamphetamine and arresting more drug peddlers than ever before.

"Investments such as this $3 million in this Sydney strike team of the national anti-gang squad is going to see that good work continue," he said.

© AAP 2016