The quiet cost the new AML rules added to every property deal — and the model that removes it
Since 1 July 2026, every real estate agency in Australia that brokers a property sale is a reporting entity under AUSTRAC's Tranche 2 AML/CTF regime. Most of the conversation this year has been about the visible work: enrolling with AUSTRAC, writing an AML/CTF programme, training staff, filing the annual report.
There's a quieter cost that hasn't had the same attention, and it's the one now showing up on invoices.