For real estate · Tranche 2 · 1 July 2026
AUSTRAC ready before your first July listing.
Tranche 2 hits independent agencies differently. Franchises hand their offices a vendor. You choose. Caltury runs the AML/CTF workflow for a single principal or a five-agent office, starting at A$99 a month.
No card required · Sydney hosted · Cancel anytime
Real estate Tranche 2 facts
01 Jul 2026
- AU real estate agencies
- ~45,000
- Civil penalty cap
- A$22.2m
- SMR lodgement window
- 3 business days
- Records retention
- 7 years
- Caltury starting price
- $99 ex GST/mo
Source: AUSTRAC, AML/CTF Act 2006 (Cth)
Built to
AUSTRAC AML/CTF Act 2006
Identity
Stripe Identity
Sanctions
OpenSanctions
Hosted
Sydney, AU
Buyer at the inspection
KYC done before the keys are in their hand.
One click sends the buyer a Stripe Identity hosted session. They scan their driver licence and selfie on their phone. Caltury runs document authenticity, face match and liveness against AUSTRAC’s acceptable-verification standard, records the result for 7 years, and turns the customer file green. No certified copies through the post.
- Average buyer verification under 90 seconds
- Stripe Identity is an AUSTRAC-acceptable reliable source
- Verification evidence stored 7 years per s.107
James Miller
Buyer · 14 Esplanade
Verified in 78 seconds · 28 May 2026
Why real estate
AUSTRAC is going to look at agencies first.
Cash and property is FATF's textbook risk vector
The Financial Action Task Force has called real estate one of the highest-risk channels for money laundering for two decades. AUSTRAC inherits that posture. Expect close scrutiny on high-value transactions and foreign buyers.
You meet the customer for the first time at inspection
Banks have months to build a customer profile. You have minutes. Tranche 2 still asks you to identify, verify and risk-rate every buyer and vendor before you proceed. The workflow has to be fast.
The principal carries the AUSTRAC penalty
Civil penalties under the AML/CTF Act run to A$22.2m per contravention, assessed against the reporting entity. For an owner-managed agency, that is the principal. The Compliance Officer role is not optional.
The workflow
How a listing flows through Caltury.
Add the vendor and buyer as customers
In the dashboard or via CSV import from your existing CRM. Caltury creates the customer file and starts the CDD clock.
Send a KYC link to verify identity
One click. Caltury emails the customer a Stripe Identity hosted session. Driver licence or passport, selfie, done. You see green when verified. No certified copies through the mail.
Run sanctions and PEP screening
Automated on creation. Hits are surfaced. Clear matches auto-flag for Enhanced Due Diligence. You only spend time on the cases that need it.
If something feels wrong, draft an SMR
Caltury structures the narrative into the three AUSTRAC-required sections. You provide the facts. Caltury fills the template. You review every line, finalise, then copy the package into AUSTRAC Online (no public API exists) within 3 business days.
Cash deposit of A$10,000 or more, draft a TTR
10 business days from the transaction. Caltury computes the deadline, formats the TTR fields for copy-paste into AUSTRAC Online, records the reference number you get back.
The records are kept for 7 years, automatically
Append-only audit log (no delete UI). Vault for identity verification records. When AUSTRAC asks for proof of compliance, you export a single file.
Scenarios
What it looks like when something is off.
Not ready to start? Get the free Tranche 2 checklist.
The 40-point checklist covering AUSTRAC enrolment, your AML/CTF Program, KYC, sanctions screening, record-keeping and staff training. We email you the link plus a few short, useful follow-ups on getting ready before 1 July 2026. Unsubscribe in one click.
10 days until 1 July 2026
Set up your enrolment package this afternoon.
14-day free trial. No credit card. Generate your AUSTRAC enrolment, ML/TF risk assessment and AML/CTF Program in under an hour. Penalties run up to A$22.2m per breach.