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Regulatory Updates and Expert Guidance

This is what $22 billion laundered through the Australian economy looks like up close

Yesterday, for the first time, four of Australia’s Tranche 2 professions shared a single forum. Lawyers, conveyancers, accountants and real estate agents, along with AUSTRAC CEO Brendan Thomas and peak industry bodies, sat in the same room and had the conversation that has never happened before: not within a single sector, not at arm’s length through guidance documents, but openly, together, with the hard questions on the table.

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A $310K Lesson: Why structural due diligence matters before exchange

When the NSW Supreme Court rescinded a $6.2 million Bronte property sale in May 2026 and ordered a $310,000 deposit refunded over undisclosed planning information, it served as a timely reminder across the industry. While the specific detail belongs to that case, the underlying issue belongs to every practitioner: incomplete information at the point of exchange, and the costly consequences that follow.

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