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The spring selling season is traditionally when the Australian property market shows its hand. A closer look at what is driving the market, and what is holding steady within it, suggests spring 2026 offers genuine opportunity for conveyancing and property law practices.
Remarkable Journeys: InfoTrack on Tranche 2 compliance
Lee Bailie joins Grant Thornton’s Remarkable Journeys series to discuss AUSTRAC’s Tranche 2 reforms and InfoTrack’s Compliance Centre built in consultation with Grant Thornton.
When the NSW Supreme Court rescinded a $6.2 million Bronte property sale in May 2026 and ordered a $310,000 deposit refunded over undisclosed planning information, it served as a timely reminder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.
A seasoned legal technology executive who has shaped property and conveyancing markets across two continents, Dennis Barnhart brings his expertise and a clear-eyed view of where the industry is headed to InfoTrack’s Canadian business.
When Treasurer Jim Chalmers handed down the 2026-27 Federal Budget on 12 May, the headline numbers dominated the news cycle. But for legal practitioners and conveyancers already preparing for the first day of Tranche 2 AML/CTF obligations, one line item deserved closer attention than it received.
Every year, the final weeks of June expose the same fault lines in property law firms: matters that sat dormant for months suddenly require immediate exchange, trust account reconciliations compete for the same senior practitioners managing last-minute contract executions, and cyber criminals time their fraud attempts to coincide with the chaos.
Most conversations about AI in legal technology focus on the front-end experience. We discuss what the chat window looks like, how natural the language feels, and whether the experience is intuitive enough to drive adoption. While these are reasonable questions, they miss the deeper context.
The 2026–27 Federal Budget, handed down on the evening of Tuesday the 12th of May 2026, carries more than cost-of-living headlines. Beneath the five rounds of personal income tax cuts and fuel excise relief sits a set of structural reforms that will reshape how Australians invest in property, how discretionary trusts are taxed, and how the negative gearing rules interact with new versus established housing. For lawyers, conveyancers, real estate professionals, and accountants, the downstream effects of these changes will arrive quickly, and they will arrive in volume.
