02/07/2026
New property compliance laws take effect from 1 July 2026.
If you're planning to buy or sell property, you may notice a few changes to the process.
The new Anti-Money Laundering (AML/CTF) reforms introduce additional identity verification, source of funds checks, and compliance requirements to help strengthen the integrity of Australia's property market.
While these updates may mean a little more documentation and slightly longer processing times for some transactions, they're designed to provide greater transparency and security for everyone involved.
At Area Specialist, we're committed to making the process simple and stress-free. If you're buying, selling, or simply want to understand how these changes may affect you, we're here to help.
π© Get in touch with your local Area Specialist for trusted advice and guidance.