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Time’s up: AUSTRAC to get tough on AML/CTF laggards

AUSTRAC CEO Brendan Thomas has cautioned that conveyancers not yet part of Australia’s new anti-money laundering and counter-terrorism financing (AML/CTF) regime face looming regulatory action, after the enrolment deadline closed on July 29. Under the new Tranche 2 AML/CTF regime – the biggest conveyancing industry overhaul in decades – practitioners were given a 28-day window to enrol with the financial crime regulator after the landmark reforms commenced last month. Mr Thomas said AUSTRAC was preparing to come down hard on those still unenrolled, even as conveyancers had “enrolled str

Rival plan to close Labor’s ‘widow tax’ loophole sooner

Deposit flicking: Real estate agents urged to cease and desist

Home sellers still reap huge profits but cracks appear

Why old office buildings are vacant despite demand

Report reveals extent of AI boost to Australian economy

Records smashed as Aussie share market pushes higher

Bill to make NSW ‘more attractive to invest’ in

THE new NSW Building Bill will “streamline approvals, reduce unnecessary costs and support faster delivery of housing,” according to the Urban Development Institute of Australia

Rush: high gold price lifts WA job prospects

THE federal government is on notice to lift its game on apprenticeships and training as miners in the Australian goldfields rush to take advantage of high commodity prices. Demand for la

Experience galore will help drive AICNSW

A NEW senior appointment with a wealth of local and international expertise will help “elevate the conveyancing profession” to a higher level in NSW. The Australian Institute

A RAFT of varying conditions has seen Perth’s property market become more more balanced following years of strong growth and rapid sales. According to the latest data from Real Estate In