The real estate industry is identified as a key industry body as part of the Tranche 2 reforms which were introduced to close avenues to organised crime.
The changes require real estate professionals to submit suspicious behaviour surrounding money laundering, to help build a more proactive intelligence picture.
REMAX Australia Finance Director Chris Chapman emphasised the importance of providing opportunity for the network to receive specialised training in the lead up to the July 2026 changes.
โItโs important to us that our network of professionals feel confident and equipped to manage the new anti-money laundering legislation and preparation is key,โ Mr Chapman said.
โWeโve engaged AMLHUB as the networkโs preferred supplier of AML solutions to accommodate all levels of business, helping our agents understand and most importantly have the support throughout the roll out and into the future to ensure not only compliance, but confidence in the process of identifying suspicious behaviour within our industry.โ
The partnership has already seen training rolled out throughout the network, with webinars jointly hosted by REMAX and AMLHUB providing insight into the legislation and what obligations mean for professionals in day-to-day business.
Having successfully helped shape AML laws in New Zealand, AMLHUBโs VP of Sales Kathrine Andersen shared how the networkโs professionals can utilise the service of AMLHUB to ensure compliance with the new legislation, highlighting the team are there to support agents throughout the roll out.
โAMLHUB provide a technical platform developed specifically for the real estate industry, designed to give real estate professionals a seamless experience when it comes to compliance obligations,โ Ms Andersen said.
โAgents are at the coalface and in the best position to identify suspicious behaviour and our team are here to support representatives throughout the roll out and continuing through implementation of the legislation. Our compliance-as-a-service (CaaS) model allows both technical and direct AML support efficiently.โ
AMLHUB CEO Richard Manthel said broader engagement across the industry is growing as real estate professionals start to understand the scope of the upcoming reforms.
โWeโre seeing a growing awareness across the real estate industry about the upcoming AML reforms in Australia. Our focus is on helping the industry prepare early with the right systems, training, and support so that when the reforms take effect, businesses can manage their AML obligations with confidence,โ Mr Manthel said.
Mr Chapman said early preparation and support is helping to provide the REMAX network with clear guidelines to the new processes, ensuring agencies can meet their obligations whilst maintaining a smooth and positive customer experience.
โKey processes including functionality, training and support will allow our professionals to feel confident in the new legislation with the support of AMLHUB.โ