In this Tax Tuesday episode of Wealth Coffee Chats, we unpack one of the most significant-and least talked about-regulatory changes Australia has seen in over 20 years. The AML/CTF Tranche Two reforms are here, and they will fundamentally change how property investors, business owners, and high-net-worth individuals interact with their professional teams.
From real estate agents and accountants to buyers’ agents, developers, and crypto platforms, the government is expanding mandatory reporting obligations far beyond banks and financial advisers. Many of the professionals you trust are now legally required to report transactions, behaviours, and structures that raise red flags-without ever telling you they’ve done it.
This episode breaks down what these reforms are, why they’re being introduced, when they take effect, and how they could impact everything from property purchases and trust structures to offshore transfers and crypto transactions. If you work with a “six-star team” or move money across borders, this is essential listening.
In this episode, we cover:
- What the AML/CTF Tranche Two reforms actually are and why they exist
- Which professionals are now mandatory government reporters
- When the new obligations begin and how the rollout will happen
- What types of transactions must now be reported, including property, trusts, crypto, and offshore transfers
- Why accountants, real estate professionals, and advisers can’t warn you if a report is filed
- How complex ownership structures and high-value transactions will face greater scrutiny
- The penalties professionals face for non-compliance-and why they’ll ask more questions
- What investors should do now to stay compliant and protect themselves.
These reforms mark a major shift in government oversight and financial transparency in Australia. Whether you’re actively investing or planning your next move, understanding these changes now can help you avoid surprises later.
Stay informed, keep everything above board, and make sure you know why your advisers are suddenly asking more questions.
