AUSTRAC deadline: 80 days remaining — Get compliant now
80 days until compliance deadline

Is your agency captured under
AUSTRAC Tranche 2?

From 1 July 2026, real estate agencies providing designated services must comply with Australia's anti-money laundering laws. Non-compliance carries penalties up to $33 million.

Agencies that start now will be compliant before their competitors

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What's happening?

The Australian Government is extending its anti-money laundering and counter-terrorism financing (AML/CTF) regime to cover real estate professionals under Tranche 2 of the AML/CTF Act reforms. This means real estate agents, auctioneers, and property developers who provide designated services will become reporting entities — subject to the same obligations that currently apply to banks and financial institutions.

The deadline is 1 July 2026. After that date, captured agencies must be enrolled with AUSTRAC, have a compliant AML/CTF program in place, conduct customer due diligence, report suspicious matters, and maintain records for a minimum of seven years.

~100K
Newly regulated businesses
$33M
Max corporate penalty
$6.6M
Max individual penalty
7 yrs
Record retention

The average compliance cost

$23,250$3,500

The Attorney General's Regulatory Impact Statement estimates compliance costs of $23,250/year for Tranche 2 entities. We get you compliant from $3,500 — a one-time setup fee.

5 days
not 5 months
85%
less admin time
15 min
to get started
FOUNDING AGENCY OFFER

First 50 agencies get 20% off

Sign up as a founding agency and get our complete compliance setup for $2,800 instead of $3,500. Limited to the first 50 agencies — once they're gone, they're gone.

What you'll need by July 1

  1. 1AUSTRAC enrolment
  2. 2ML/TF/PF risk assessment
  3. 3AML/CTF compliance program
  4. 4Customer due diligence (CDD) procedures
  5. 5Appointed compliance officer
  6. 6Staff training program
  7. 7Suspicious matter reporting capability
  8. 8Record keeping (7 years minimum)

What happens if you do nothing?

1
AUSTRAC compliance assessment
AUSTRAC conducts a review of your agency. They find no AML/CTF program, no risk assessment, no CDD procedures in place.
2
Remedial direction issued
You receive a formal notice requiring you to become compliant within a set timeframe. This is now on your record.
3
Civil penalties
Failure to comply can result in penalties of up to $33 million for the company and $6.6 million for you personally as the principal.
4
Public enforcement action
AUSTRAC publishes enforcement actions on their website. Your clients, competitors, and industry bodies can all see your name.
5
Reputational damage
In a trust-based industry like real estate, being publicly listed as non-compliant can mean lost listings, lost referrals, and lost clients.

How do agencies get compliant?

Three options — only one makes sense for most agencies

DIY (Starter Kit)Law FirmAustracCheck
CostFree (your time)$15K–$30K$3,500
TimeframeWeeks–months2–3 months5 business days
Customised to your agencyYou do it yourselfYesYes
Ongoing compliance toolsNoNoYes — CDD, screening, training
Real estate specificGeneric templateDepends on firmPurpose-built

Built for independent Australian agencies

Compliant in 5 days, not 5 months

5 days
Average setup time
85%
Less compliance admin
15 min
To get started
$3,500
vs $23K avg cost

AustracCheck made the whole process painless. We were compliant in under a week — something our lawyer quoted 3 months for.

Agency Principal · QLD Residential Agency

The documents were thorough and specific to our business. Much better than the generic AUSTRAC starter kit.

Compliance Officer · NSW Sales Agency

At $3,500, it was a no-brainer compared to $15K from a law firm. And the ongoing platform keeps us on top of CDD.

Office Manager · VIC Property Group
Based on AUSTRAC's official guidance and Starter Kit framework
Aligned with FATF international AML/CTF standards
Compliance documents reviewed by specialists
Built for independent agencies, not corporate franchises

Frequently asked questions

12-Month Compliance Guarantee

If AUSTRAC identifies any gap in the compliance program we build for you within 12 months of delivery, we'll fix it at no additional cost. We stand behind every document we deliver.