18/06/2026
Big Changes Are Coming to Property Transactions from 1 July
Australia’s new Anti-Money Laundering (AML) laws come into effect on 1 July, bringing real estate professionals under the same compliance framework that banks have followed for years. Real estate agents will now be required to verify the identity of buyers and sellers, understand the source and purpose of transactions, and report suspicious activity to AUSTRAC.
While it may add a few extra steps, these changes are aimed at creating a safer and more secure property market for everyone.
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