Australia’s property industry is entering a new era of transparency, compliance and client protection.
From 1 July 2026, Australian real estate professionals providing designated real estate services will be required to comply with new Anti-Money Laundering and Counter-Terrorism Financing obligations under AUSTRAC.
These reforms are designed to strengthen the integrity of Australia’s financial system and help prevent the misuse of property transactions for money laundering, terrorism financing and other serious financial crimes.
What does this mean for property buyers and sellers?
For clients, this means there may be additional verification steps during the buying or selling process.
You may be asked to provide:
- Proof of identity
- Information about the source of funds
- Details of beneficial ownership, where applicable
- Supporting documents required for compliance purposes
These steps are part of the new standard compliance process across Australia’s real estate industry.
Why are these changes important?
Property is one of Australia’s most significant asset classes. The new AML/CTF reforms aim to protect the market by ensuring property transactions are conducted with greater transparency, accountability and confidence.
For buyers, sellers and investors, the reforms help create a safer and more trusted property environment.
How Auston Realty can help?
If you have any questions about the new AML/CTF requirements, the Auston Realty team is here to help.
We’ll guide you through the process, explain the requirements clearly, and answer any questions you may have to ensure your property journey is smooth and stress-free.
Speak with Our Team
Have questions about the new AML/CTF reforms or your property transaction?
Contact Auston Realty today — we’re here to provide trusted advice and support every step of the way.
Auston Realty
Your Trusted Partner in Australian Property.