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Conveyancers urged to get on the front foot

AUSTRAC has started a clampdown on conveyancers that have failed to sign up to federal AML/CTF laws, with the regulator issuing demands for information from practitioners. In one notice, seen by Australian Conveyancer, an AUSTRAC enforcement manager demands production of documents related to non-enrolment under threat of potential fines or imprisonment. The 11-page notice also requests information on business services, staff and whether the entity has dealt with cash in excess of $10,000 on property transactions. Brendan Thomas, AUSTRAC chief executive, flagged the crackdown in Augus

Settlement scams getting harder and harder to detect

High-priced homes across the nation losing their value

Warm start to spring auctions but it’s about to heat up

It’s time to stand accountable over stamp duty

‘Lasting solution to affordability is abundance’

Reserve Bank’s grim rates warning as oil prices spike

With interest rates, ‘have we done enough?’

AUSTRALIANS are “furious” about inflation and it will take the nation years to fully get on top of higher post-pandemic living costs, the Reserve Bank’s deputy governor sa

Value of the nation’s homes on the decline

THE total value of Australia’s residential housing has fallen for the first time in four years, reflecting the nationwide property downturn. According to the Australian Bureau of Statist

GROWTH in retail spending is expected to almost halve in the next financial year as households look to tighten their belts, a report suggests. The expected pullback in the 12 months from

Not ten pound airfare but concept is similar

SHORTLY following the end of the Second World War, the Australian Government instigated a migration scheme to attract skilled workers to our shores. The primary goal was to rapidly boost