New Anti-Money Laundering Laws Explained
New Anti-Money Laundering Laws: What Property Sellers Need to Know
If you're thinking about selling your property, there's an important legal change you should know about.
From 1 July 2026, all real estate agencies in Australia, including Nimbin Hills Real Estate and Hills2Coast Real Estate, are required to comply with new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws.
While it may sound complicated, the process is straightforward, and we're here to guide you every step of the way.
Why is this happening?
The Australian Government has introduced these new laws to help prevent criminals from using property transactions to launder money or finance illegal activities.
Just as banks already verify the identity of their customers, real estate agencies must now do the same before selling a property.
What does this mean for you?
Before we can market your property for sale, we are legally required to verify the identity of all property owners.
Depending on your circumstances, you may be asked to provide:
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Your full name
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Date of birth
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Residential address
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A valid photo ID
If your property is owned by a company or trust, we may also need additional documents such as:
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Company information
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Trust deed
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Details of directors, trustees or shareholders
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Information about the source of funds or wealth (where required by law)
Don't worry—we'll let you know exactly what's needed for your situation.
How does the verification process work?
We've partnered with AMLHUB, a secure identity verification provider, to make the process quick and easy.
Here's what to expect:
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We'll provide AMLHUB with your email address and mobile number.
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You'll receive a secure link by email or SMS.
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You'll complete a simple identity check using your photo ID and a quick biometric (selfie) verification.
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If you're unable to complete the online check, there are alternative options available to upload your documents securely.
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Once your identity has been verified, we can proceed with listing your property for sale.
Most people complete the process in just a few minutes.
Is my information secure?
Yes.
Your personal information is collected solely to meet our legal obligations under the AML/CTF legislation. The verification process is completed through AMLHUB's secure platform, and your information is handled in accordance with Australian privacy laws.
We're here to help
We understand that this is a new process for many people, and it may raise questions.
Our team at Nimbin Hills Real Estate and Hills2Coast Real Estate is committed to making the experience as simple and stress-free as possible. We'll explain each step, let you know exactly what you need, and help you complete the verification quickly so we can focus on what matters most—getting your property sold.
If you have any questions about the new AML/CTF requirements, please don't hesitate to contact our friendly team. We're always happy to help.