Why Real Estate Agents Will Ask for More Information From 1 July 2026

From 1 July 2026, Australians buying, selling and leasing property may notice a change in the information their real estate agent requests. Under Australia’s expanded Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws, real estate agencies will join banks, financial institutions and other professional service providers in helping prevent criminals from using Australia’s financial system to conceal the proceeds of crime....