Sydney · NSW
Purpose-built compliance workspace for Sydney agencies preparing for the AUSTRAC Tranche 2 deadline on 1 July 2026.
As of 2024, roughly 5,400 real estate agencies operate across New South Wales (REIA Industry Outlook). Most are members of the Real Estate Institute of New South Wales (REINSW). The majority of Sydney-area transactions — including those in Surry Hills, Bondi, Mosman, North Sydney — are inside the scope of the AML/CTF Act's Tranche 2 amendments.
Sydney agencies handling auction-day deposits, off-the-plan sales to overseas buyers, and high-value Eastern Suburbs and Lower North Shore transactions are squarely inside Tranche 2.
From 1 July 2026, every captured Sydney agency must enrol with AUSTRAC, document an AML/CTF program, run customer due diligence on each deal, screen names against sanctions and PEP lists, and keep records for seven years. AustracCheck gives you the workspace; your agency makes the compliance decisions.
Cancel anytime. No setup fee.
CDD tools, record keeping, sanctions screening.
Everything in Basic + SMR generator, regulatory alerts, annual report prep.
Everything in Professional + priority support, quarterly reviews.
Most are. If your agency provides designated services — brokering property sales or purchases, selling or transferring real estate — and has a geographical link to Australia, you are likely a Tranche 2 reporting entity from 1 July 2026.
At minimum: enrol with AUSTRAC, document an AML/CTF program (Part A risk-based + Part B customer due diligence), train staff, keep records for seven years, and lodge any reportable transactions. The exact obligations depend on your services and risk profile.
No. AustracCheck is a workspace tool. It generates templates, checklists, trackers, and an audit log. Every report you need to lodge with AUSTRAC, your agency lodges through AUSTRAC's own channels.
Most agencies are using the workspace the same day they sign up. The platform tailors templates and a compliance checklist from a short onboarding questionnaire (10–15 minutes). Review, customise, and adopt at your own pace.
Up to $33 million for companies and $5.5 million for individuals per breach, plus potential criminal prosecution for serious offences such as tipping off. AUSTRAC publishes enforcement outcomes regularly.
“The templates pulled together everything we'd been trying to draft ourselves. We worked through the checklist in an afternoon and had a defensible AML/CTF program ready to brief the team on.”
AustracCheck is a workspace tool — templates, checklists, sanctions screening, and an audit log — purpose-built for Australian real estate. Every regulatory decision stays with your agency; we make the next right action obvious.