19/06/2026
๐ก Buying or selling property from 1 July 2026? Expect a few more questions.
Australia's new Anti-Money Laundering (AML) laws will soon apply to real estate agents, introducing additional identity and verification requirements for property transactions.
For most buyers and sellers, the process will be straightforwardโbut you may be asked to provide:
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Photo identification
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Proof of address
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Information about where your purchase funds are coming from
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Details of trusts, companies or SMSFs involved in the transaction
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Supporting documents where required
These changes are designed to help prevent financial crime and protect the integrity of Australia's property market.
The best way to prepare is to have your identification and financial documentation ready before you buy or sell.
At Tomoro, we're committed to making the process as smooth as possible while ensuring we meet the latest legal requirements.
Have questions about how the new AML rules could affect your next property transaction? Get in touch with our teamโwe're here to help.
AML laws commence for Australian real estate agents from July 2026. Learn what identification and source-of-funds checks to expect.