From 1 July 2026, every Australian real estate agency involved in property sales or purchases must comply with the AML/CTF Act. These reforms will significantly change how agencies identify clients, manage risk, and report suspicious activity. Stay informed and ready – access all the tools and resources your business needs for compliance here.
Every agency must nominate an AML Compliance Officer (AMLCO) responsible for overseeing AML/CTF obligations. This must be a “fit and proper” person such as a Principal, Office Manager or Administrator.
Your agency will need a written AML/CTF Program that explains how you comply with the legislation.
This document outlines your business’ risk assessment, policies, procedures, and controls -scaled to the size and risk profile of your agency.
Customer Due Diligence becomes a core day to day obligation under the new laws.
You must identify, verify, and assess the risk of both buyers and sellers before providing services. Most agencies will adopt software to streamline these checks.
All staff involved in sales agents, support teams and management must receive AML training that is role specific and regularly updated.
Agencies must enrol as reporting entities with AUSTRAC to continue selling property.
Explore our upcoming support materials:
Webinars
View expert led sessions to master your AML obligations and streamline your processes with confidence.
Fact Sheets & Guides
Clear, practical documents to help you navigate key requirements from Customer Due Diligence to risk assessments and staff training.
Stay Ahead of the Changes
AML compliance will reshape the industry but with the right preparation, your agency can transition smoothly.
Use this page as your one stop hub for updates, tools, and education to ensure you’re ready for 1 July 2026.
First AML is a software provider to help streamline your Customer Due Diligence obligations under the upcoming Anti Money Laundering (AML) ‘Tranche 2’ reforms. From 1st July 2026 all Real Estate Agencies in Australia will need to be compliant with AML laws. This is a significant change for the industry, and customer due diligence is the core day-day operational challenge you will face. First AML’s technology will streamline the workflows required to meet your obligations.
What makes First AML Different?
