04/06/2026
Big changes are coming to real estate from 1 July 2026.
Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws will apply to real estate professionals across Australia, and while this has been well known in our industry, many clients and community members are still unaware of what it means.
These reforms will require real estate agencies to:
Verify client identity and conduct customer due diligence
Report certain transactions and suspicious activity to AUSTRAC
Maintain compliance programs and records
reiwa.com is helping raise awareness ahead of implementation to ensure buyers and sellers are informed before the changes take effect.
While the changes to the Anti-Money Laundering/Counter-Terrorism Financing (AML/CTF) legislation are old news for the real estate industry, they will come as...