AICWA

You may start seeing AML checks become part of the settlement process from 1 July 2026.

But what does that actually mean?

In simple terms, AML stands for Anti-Money Laundering. These laws are designed to help stop criminals from hiding or using money made from crime.

For clients, this may simply mean being asked to confirm who you are or provide some additional information during your property transaction.

These checks are becoming a standard part of the process and help protect property transactions and the wider financial system.

Find out more from AUSTRAC:
https://www.austrac.gov.au/general-public/why-you-might-be-asked-id

Let us know if there are other Tranche 2 terms you would like us to decode!

With Tranche 2 commencing from 1 July 2026, clients may start noticing some changes during their property transaction.

This may include being asked for extra ID, documents or information before certain settlement services can be provided.

We encourage members to share this post with clients to help explain:

• What Tranche 2 is
• What clients may need to provide
• Why these checks are necessary

Clear communication now can help clients understand the changes and feel more prepared when additional checks are required.

Did you know AICWA members can access our Tranche 2 Hub?

The hub contains resources to help you understand your obligations and prepare your AML/CTF program.

Log in to the member portal to access the hub and start exploring the available tools and guidance: aicwa.com.au

AICWA members now have access to new Tranche 2 transition resources to support client communication around the upcoming AML/CTF changes.

These member resources include:

🔹 AML Customer-Facing FAQs - designed to help clients understand the changes and what they may need to provide
🔹 Customer Communication Guide - suggested wording to help agencies respond to common client questions during the transition

These resources are available now in the Tranche Hub Resources under the Members Area of the AICWA website: https://www.aicwa.com.au/members-area/amlctf-tranche-2/home/

Payday Super starts 1 July 2026, is your business ready?

From 1 July 2026, employers will need to pay super at the same time as wages. July will be a key transition period, with the final quarterly super payment due on 28 July, alongside the first Payday Super payments.

Now is the time to review your payroll process, check your July cash flow, and understand what payments are due and when.

The Small Business Super Clearing House will also close permanently on 1 July 2026, so employers should move to an alternative service and download any records before access ends.

The ATO has released guidance, practical examples and a short video to help employers prepare.

Visit https://www.ato.gov.au/paydaysuperchange to learn more

Did you miss our AML in Practice session on 3 June, or is there a section you would like to watch again?

The recording is now available!

AICWA members can watch the recording for free through the Members’ Area on our website: https://www.aicwa.com.au/members-area/amlctf-tranche-2/aml-in-practice-recording/

Not a member? You can purchase the recording through our e-learning shop here:
https://www.aicwa.com.au/shop/cpc-videos/

A huge thank you to Stewart Title for inviting us along to a private screening of The Devil Wears Prada 2.

What a fantastic night catching up with a lovely group of people from across our industry. With popcorn and ice cream in hand, it was a wonderful opportunity to connect, unwind and enjoy a great evening together.

Thank you again to the Stewart Title team for hosting such a wonderful evening!

💸 If you need to pay for CPD, make sure you get more for your money.

AICWA’s face-to-face CPD at East Fremantle Yacht Club gives you more than just the CPD hours.

Your registration includes:

✅ A full day of face-to-face CPD
✅ Waterfront venue
✅ Morning tea and lunch
✅ Networking with industry colleagues
✅ CPD completed before EOFY
✅ Bring your team and get it done together

With CPD no longer funded by LGIRS, you’ll need to pay for CPD wherever you complete it, so choose the day that delivers more value.

📅 Wednesday, 17 June 2026
⏰ 9:00am – 3:30pm
📍 East Fremantle Yacht Club

Tickets are closing soon, book now and get more from your CPD day.

Register here: https://www.aicwa.com.au/eventdetails/38509/17-june-2026-face-2-face-luxe-cpd