AML / CTF Compliance

Anti-money laundering and property transactions.

New AML/CTF laws from 1 July 2026

Australia’s expanded Anti-Money Laundering and Counter-Terrorism Financing laws are expected to apply to parts of the real estate industry from 1 July 2026.

These laws are designed to help prevent criminal activity, fraud and the movement of illegal funds through legitimate businesses, including real estate transactions.

What this may mean for buyers and sellers

If you are buying or selling property, you may be asked to provide additional information before certain services can be provided.

• valid identification such as a driver’s licence or passport
• confirmation of your residential address
• company, trust or SMSF documentation
• information about ownership or beneficial ownership
• information relating to the source of funds where required

Why this information may be requested

Real estate businesses may be required to verify customer identities, complete risk assessments, keep compliance records and report suspicious matters to AUSTRAC where required by law.

What happens if information is not provided?

If required information cannot be provided, certain services or property transactions may be delayed or unable to proceed until compliance obligations have been satisfied.