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 evidence trail behind them.
Last reviewed 3 June 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 evidence, 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. That is the document and evidence layer Proppi fills.
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 record-retrieval 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 evidence discipline.
Get started with Proppi
Turn this evidence checklist into a searchable workspace
Proppi for Property Managers
The document and compliance workspace — classify, retain, 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 evidence, and state-by-state tenancy compliance in one cited workspace.
Proppi Features
Document classification, retention and deadline tracking, conversational search, and citation-on-every-answer — the record layer beside your AML/CTF program.