Australia
Australia Property AML Compliance
A Proppi topic hub for the Australian AML/CTF Tranche 2 reforms — the new AUSTRAC obligations for real estate agents, buyers' agents, and property developers from 1 July 2026, and the seven-year record-keeping trail behind them.
Last reviewed 2 July 2026.
A Financial-Crime Obligation, Not a Tenancy Rule
From 1 July 2026 the Tranche 2 reforms make Australian real estate professionals AUSTRAC reporting entities. This is not tenancy law and not tax — it is anti-money laundering compliance, administered by a new regulator, that follows the transfer of ownership of real estate. Selling agents, buyers' agents, and developers are caught; routine property management and leasing is not.
The Obligation That Never Ends Is Record-Keeping
Enrolling with AUSTRAC, writing an AML/CTF program, and running customer due diligence are one-off build tasks. Keeping the resulting records — identity records, beneficial-ownership records, risk assessments, and report copies — retrievable for seven years is the obligation that lasts, and the one most likely to fail an audit. Proppi keeps that record layer classified, organised, and retrievable — the retention policy itself stays yours.
Related reading
Eight States, One Rent Roll: Why Australian Property Management Software Leaves Compliance Gaps
How property management software stores documents without reading them — the same source-record gap that AML audit-readiness exposes.
ATO Property Data-Matching 2026: Australian Landlord Records
How the Australian Taxation Office cross-checks rental property data — a parallel reminder that the obligation is only as strong as the records that prove it.
Australia State-by-State Rental Compliance Comparison 2026
The tenancy-side compliance picture across all eight Australian states and territories — separate from the federal AML/CTF regime, but part of the same record discipline.
Get started with Proppi
Let Proppi manage work from these records
Proppi for Property Managers
Property memory for managers — classify, organise, and retrieve the customer due diligence files and program records a Tranche 2 audit asks for. You sign off.
Proppi for Australia
The region-specific overview — AML record-keeping, Australian Taxation Office deduction records, and state-by-state tenancy compliance in property memory.
What Proppi does
Document classification, deadline tracking, source-linked work, and approval-first workflows — the record layer beside your AML/CTF program.