06/05/2026
📣Important Update for Buyers & Sellers📣
There’s a major shift coming to our industry — and it’s not optional.
From 1 July 2026, all real estate agents across Australia will be required to meet strict AML/CTF (Anti Money Laundering & Counter Terrorism Financing) compliance obligations. No extensions, no grey areas — just a clear line in the sand.
So what does this mean for you?
In short, there will be a few extra steps involved when buying or selling property.
As agents, we’ll be required to verify your identity (as we already do) and may need to ask additional questions around the source of funds.
And just to be clear, we’re not being nosey. We don’t really care where your money comes from…... but the government does.
These changes are designed to create a more transparent and secure property market across Australia.
While it may feel like a bit more paperwork, it’s ultimately about protecting everyone involved in the transaction.
If you have any questions about how this may affect you, feel free to reach out anytime.
