This guide explains how Australia’s Tranche 2 reforms will bring real estate professionals into the AML/CTF regime for the first time, requiring agencies to verify clients, monitor transactions, and report suspicious activity. It outlines the regulatory shift, practical compliance steps, and how firms can build effective, risk-based AML programmes ahead of the 2026 changes.
What’s in the guide
- Overview of Tranche 2 reforms and why real estate is in scope
- Key AML/CTF obligations for agents, developers and conveyancers
- Step-by-step guidance on building an AML/CTF programme
- Client due diligence requirements and risk-based approaches
- Real estate-specific red flags and reporting obligations
- Practical steps to prepare for AUSTRAC supervision