Enrolment open. Be compliant before 1 JulyAUSTRAC enrolment is now open for real estate agents. Be compliant before 1 July 2026 (58 days)
Is your real estate agency ready for the AML deadline?
From 1 July 2026, every real estate agency that brokers property sales must comply with Australia's new anti-money laundering and counter-terrorism financing (AML/CTF) laws. Take the free 6-minute Readiness Check to see where your agency stands — then use AML Simple to close any gaps before the deadline.
6 minutes · No account · See your score instantly
Free until 1 July 2026 · 15 minutes
73 Australian agencies
already using AML Simple to prepare
AUSTRAC Starter Kit aligned
program generator follows AUSTRAC's own structure
58 days to the deadline
1 July 2026 — mandatory for all covered agencies
What's actually required
Here's what every real estate agency needs to have in place
AUSTRAC has published what they expect. Here it is in plain English — no jargon, no consultant fees.
Register your agency with AUSTRAC
Before anything else, your agency needs to be enrolled with AUSTRAC.
- You register online through AUSTRAC Online — it's free and takes about 20 minutes.
- You'll need your ABN, business details, and a nominated AML/CTF compliance officer.
- Registration must happen before the 1 July 2026 deadline — you can't backdate enrolment.
Write and maintain an AML/CTF program
A documented program covering your agency's policies, risk assessment, and procedures — the centrepiece of your compliance obligations.
- Must cover four areas: risk assessment, controls, employee due diligence, and ongoing compliance.
- AUSTRAC has published a "Starter Kit" structure — your program needs to be consistent with it.
- It needs to be reviewed regularly and updated when your business changes.
Verify every client's identity
Before acting for a buyer or seller, you must collect and verify their identity and understand who you're actually dealing with.
- Collect name, address, date of birth, and identity document details for every client.
- Identify the real person behind a company or trust (the beneficial owner).
- Risk-rate each client (standard, high, or enhanced) and keep records of how you did it.
Screen clients against sanctions lists
You must check whether your clients appear on government sanctions or politically exposed person (PEP) lists — and re-check regularly.
- The Australian government sanctions list (DFAT consolidated list) is the primary list — screening must happen before acting.
- PEP screening covers politically exposed persons and their associates.
- Ongoing monitoring means re-screening isn't a one-off — it continues for the duration of the relationship.
Report suspicious matters and threshold transactions
If something doesn't add up, or cash changes hands above $10,000, you have a legal obligation to report it to AUSTRAC.
- Suspicious matter reports (SMRs): flag transactions or behaviour that seem unusual or potentially linked to crime.
- Large cash transaction reports (TTRs — Threshold Transaction Reports): report any physical currency transaction of A$10,000 or more.
- Reports go directly to AUSTRAC — the timeline is strict (24 hours for some SMR categories).
Keep records, train your staff, stay current
Compliance isn't a set-and-forget project — records must be kept for 7 years and your team needs to know what to do.
- All CDD records, screening results, and reports must be stored for 7 years from the end of the relationship.
- Staff need AML/CTF training before they handle regulated transactions — and refresher training periodically.
- Your compliance officer is responsible for keeping the program up to date and reporting to leadership.
This is a plain-English summary of AUSTRAC's published requirements for real estate agents. AML Simple is a workflow tool — it helps you implement these obligations. For advice specific to your situation, see our expert advice service.
How it works
Set up once. Stay compliant automatically.
You sell houses, not compliance consulting. Three steps and you're covered.
Step 01
Build your AML/CTF program
Answer plain-English questions about your agency — size, transaction volume, client types. We generate a program document consistent with AUSTRAC's own Starter Kit. Takes about 15 minutes.
- Risk assessment tailored to your agency
- Covers all sections AUSTRAC requires
- Download-ready PDF, white-labelled on paid plans
Step 02
Verify clients and screen sanctions
Add clients to the system. Send them a verification link — they fill in their own details. The app risk-rates them automatically and screens against the Australian government sanctions list and international watchlists.
- Digital identity collection — no paper chasing
- Automatic risk rating (standard, high, enhanced)
- Full audit trail kept for 7 years automatically
Step 03
Stay compliant without thinking about it
Automated re-screening, compliance calendar reminders, and record keeping run in the background. When AUSTRAC comes knocking, everything is in order — timestamps, documents, decisions.
- Ongoing sanctions monitoring with daily updates
- Staff training tracking with completion records
- Annual compliance report wizard built in
15 minutes. No account needed. No credit card.
Built-in AI assistant
AML compliance that actually answers your questions
Most compliance tools leave you to figure it out alone. AML Simple's built-in assistant answers your questions in plain English - whether you want to understand what Tranche 2 requires, check how a feature works, or figure out where to start. You stay in control of every decision. The AI handles the explanation.
You make the decisions. The AI handles the busywork.
Comparison
How agencies are dealing with Tranche 2
You've got three options. We think one is clearly better.
| AML Simple | DIY / figure it out | Hire a consultant | |
|---|---|---|---|
| Setup cost | A$0 | Your time (weeks) | A$28,000+ |
| Monthly cost | From A$79 | Spreadsheets & hope | A$2,000+/yr |
| Time to comply | 15 minutes | 4-8 weeks of research | 4-8 weeks |
| Client limits | Unlimited clients | N/A | N/A |
| Ongoing monitoring | Automated | Manual | Paid separately |
| Audit-ready records | Built in | DIY filing system | Paper-based |
| Built for RE agents | Yes | Generic templates | Generic advice |
| AI-guided setup | Built-in AI assistant | ✗ | ✗ A$199+/hr for the human version |
Setup cost
Monthly cost
Time to comply
Client limits
Ongoing monitoring
Audit-ready records
Built for RE agents
AI-guided setup
* Consultant cost sourced from Government Regulatory Impact Statement. Information current as of March 2026.
Features
Built for real estate. Ready for AUSTRAC.
Purpose-built for Australian real estate agencies — not a generic KYC tool bolted onto banking software.
Compliance Dashboard
Know your compliance status at a glance
One dashboard. See exactly where you stand — clients verified, screenings run, obligations met. When something needs attention, you'll know immediately.
- Real-time health score with action items
- Deadline countdown so nothing sneaks up on you
- Track every obligation in one place
How many property transactions does your agency handle per year?
AML/CTF Program Generator
A compliant program in 15 minutes — not 15 weeks
Answer plain-English questions about your agency. Get a program document consistent with AUSTRAC's own Starter Kit — covering your risk assessment, policies, and controls.
- Step-by-step wizard, no compliance jargon
- Tailored to your agency size and transaction volume
- Download-ready PDF, updated when regulations change
Client Identity Checks
Verify clients and screen sanctions — in seconds
Send a verification link, collect documents digitally, and screen against the government sanctions list automatically. No paper, no chasing, no guesswork.
- Auto risk-rating based on client profile
- Government sanctions list + politically exposed person checks
- Full audit trail kept for 7 years automatically
Sanctions, PEP & Adverse Media Screening
Know who you're dealing with — before you act
Every client is screened against the Australian government sanctions list, international watchlists, and adverse media sources. Results are instant, records are automatic, and re-screening runs in the background so you never have to remember.
- Australian government sanctions list + international watchlists
- Adverse media monitoring — negative news flagged automatically
- Ongoing re-screening throughout the client relationship
Suspicious Matter Reports
Draft your SMR reports with built-in guidance
When something doesn't add up, AML Simple's SMR drafting assistant guides you through exactly what to document and the AUSTRAC reporting timeframes. A structured workflow that makes sure nothing is missed — not legal advice, just the process done right.
- Step-by-step drafting workflow with AUSTRAC requirements built in
- AUSTRAC reporting timelines tracked automatically
- Every report timestamped and stored in your audit trail
Ongoing monitoring
Automated re-screening keeps your client list current without any manual effort. Sanctions lists update daily — your screening keeps pace.
Staff training
Built-in training modules ensure every team member knows their AML/CTF obligations. Completion records are tracked automatically for your audit trail.
Annual compliance report
A wizard-guided annual report captures your compliance activity for the year. Walk through each section, confirm your obligations are met, and generate a board-ready document.
7-year record keeping
Every compliance action — CDD, screening, reports — is logged automatically and stored for the legally required 7 years. Set and forget.
Ask an AML Question — Free
Get instant answers to your AML/CTF questions. Powered by AI trained on AUSTRAC guidance. No account needed.
Expert advice
Built with compliance professionals. Expert guidance coming soon.
AML Simple was designed and tested with practising AML/CTF compliance professionals. They’ve reviewed the workflows, risk rating logic, and program structure so the tool reflects how compliance actually works. One-on-one expert sessions are coming once our advisor network launches.
Advisors are independent professionals, not employees of AML Simple.
Why trust AML Simple
Built for compliance. Consistent with AUSTRAC's own framework.
Consistent with AUSTRAC's own framework
We designed our program generator to follow the structure AUSTRAC publishes in their own Program Starter Kit — the same framework they recommend for every real estate agency covered by the new laws. Not a generic template. Not guesswork.
Built with compliance professionals
We designed and tested AML Simple with practising AML/CTF compliance professionals. They've reviewed the workflows, the risk rating logic, and the program structure. When you need a human, they're available through our expert advice service.
All data stored in Sydney
Your compliance records never leave Australia. Hosted in Sydney.
Records kept for 7 years
Every compliance action is logged automatically and stored for the full legally required retention period.
30-day money-back guarantee
Not the right fit? Full refund within 30 days, no questions asked.
Bank-grade security
Your data is encrypted, access-controlled, and hosted on SOC 2-certified infrastructure.
Free diagnostic tool
Not sure where you stand?
Take the Tranche 2 Readiness Check — a free 6-minute quiz that scores your agency against all 7 AUSTRAC obligations and shows exactly what gaps you need to close before 1 July 2026. No account required.
- Obligation-level breakdown across all 7 Tranche 2 requirements
- Top 3 gaps ranked by deadline risk with time-to-fix estimates
- One-click path to set up your AML Simple account with answers pre-filled
58
days left
until the 1 July 2026 deadline
FAQ
Common questions
Don't wait until 1 July 2026
58 days to go. Paid plans free until 1 July 2026 — get set up now.
15 minutes. No account needed. No credit card.