Real estate compliance has changed. What AUSTRAC’s reforms mean for developers, agents and project marketers.
From 1 July 2026, real estate falls under Australia’s anti-money laundering regime for the first time. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 extends AML/CTF obligations to real estate agents, conveyancers, property developers and a handful of other professions that have operated outside this framework since it was introduced for banks and casinos […]
The Property Developers Act 2024 (ACT)
A Practical Guide for Residential developers The Property Developers Act 2024 (ACT) introduces a mandatory licensing framework for residential developers in the Australian Capital Territory. The legislation raises expectations around transparency, communication, documentation, and operational oversight. While the Act is regulatory in nature, its impact is practical and operational. Developers must now be able to […]