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.
Timeline
- October 2025: Core Guidance released.
- January 2026: Sector-specific guidance released, including template risk.
- 31 March 2026: Enrolment opens for Tranche 2 entities.
- 1 July 2026: AML/CTF obligations commence for Tranche 2 entities.
What You Need to Do
 | Appoint Your AML Compliance Officer 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. |
 | Build Your AML/CTF Program 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. |
 | Implement Customer Due Diligence (CDD) 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. |
 | Train Your Staff All staff involved in sales agents, support teams and management must receive AML training that is role specific and regularly updated. |
 | Enrol With AUSTRAC Agencies must enrol as reporting entities with AUSTRAC to continue selling property. |
Fact Sheets & Guides
 | Preparing for AML From 1 July 2026, every Australian real estate agency involved in property sales and purchases must comply with the AML/ CTF Act. Here’s what you must do to be ready. |
 | Day to Day AML CDD is the core, day-to-day obligation. It’s how you confirm who your clients are and stop criminals from misusing your agency. |
 | Ongoing AML Report to AUSTRAC, Record-keeping, Ongoing staff training, Independent evaluation and Ongoing customer due diligence. |
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Log InFirst AML Partnership
The REIT is proud to announce our partnership with First AML, a leading provider of regulatory technology solutions. First AML’s all-in-one AML/KYC platform will assist members in meeting compliance requirements through seamless system integration.
First AML have been delivering AML solutions to the Real Estate Industry in New Zealand and the UK for the past 6 years. First AML’s end to end solution ensures Real Estate businesses stay compliant, while providing an easy experience for clients. If you’d like to start a discussion on preparing your business for the upcoming AML legislation, please reach out to them directly or visit their website here.
