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#legislation

What Real Estate Agencies Must Do to Comply with AML/CTF Laws

2026-02-27T09:16:39+10:00

From 1 July 2026, Real Estate professionals will face significant new compliance obligations under updated anti-money laundering and counter-terrorism financing (AML/CTF) legislation. These reforms recognise that property transactions can be used to conceal illicit funds and place responsibility on agencies to actively manage this risk. Why the Changes Matter Real Estate has long been considered a high-risk sector for financial ... read more >>

What Real Estate Agencies Must Do to Comply with AML/CTF Laws2026-02-27T09:16:39+10:00

Monthly Trust Account Checks: What Licensees & Officers in Effective Control Should Review

2026-02-27T09:09:06+10:00

For Licensees and Officers in Effective Control, your Trust Account is one of the most critical areas of responsibility in your business. It is also one of the most closely scrutinised by regulators and auditors. A structured monthly review within your trust accounting software is essential — not only for compliance, but to ensure your agency is actually recovering the fees it has earned. Here are ... read more >>

Monthly Trust Account Checks: What Licensees & Officers in Effective Control Should Review2026-02-27T09:09:06+10:00

Checklist for Real Estate Agencies – Are You Meeting Your New Fair Work Act Obligations?

2025-12-11T13:12:52+10:00

Checklist for Real Estate Agencies – Are You Meeting Your New Fair Work Act Obligations? With recent amendments to the Fair Work Act 2009 (Cth) now in effect, it’s essential for real estate agency owners and managers to ensure compliance with the latest workplace requirements. Here’s a practical checklist, in true End of Month Angels style, to help you determine ... read more >>

Checklist for Real Estate Agencies – Are You Meeting Your New Fair Work Act Obligations?2025-12-11T13:12:52+10:00

Functions of an Assistant Agent & Trust Accounting

2020-09-15T14:22:29+10:00

Deciphering the legislation changes As of 23rd March 2020, we saw changes to the legislation which meant that Certificate of Registration Holders transitioned to Assistant Agents. The new legislation brought about some changes to the daily functions of a person working in a trust accounting role. They can no longer perform all of the same duties as prior to 23rd ... read more >>

Functions of an Assistant Agent & Trust Accounting2020-09-15T14:22:29+10:00

COVID-19 Impact on Property Management

2020-04-13T23:46:58+10:00

The real estate industry, like so many others, has been hit hard by the COVID-19 crisis. The changes to the real estate landscape are unprecedented, ones that we could not have predicted a mere few months ago. Yet it is a situation requiring open communication lines and reasonable negotiations between Property Managers, Landlords and Tenants in order to come out ... read more >>

COVID-19 Impact on Property Management2020-04-13T23:46:58+10:00

NSW Licensing Reforms & Trust Accounting Compliance

2020-02-14T01:26:10+10:00

As you are all very hopefully aware the 2020 NSW licensing reforms come into effect on 23rd March this year. Here we summarise the changes that are coming your way, what you need to do to prepare and how it will affect you. The 2020 NSW Licensing Reforms in Brief What Has Changed? There is now a requirement to have ... read more >>

NSW Licensing Reforms & Trust Accounting Compliance2020-02-14T01:26:10+10:00

Real Estate Agent Misconduct – When Will it End?

2019-10-30T02:33:48+10:00

The Consequences of Real Estate Agent Misconduct No matter what industry you are in, there are rogue traders who will attempt to deceive. They cross the lines of not only ethical behaviour, but illegal behaviour. We have touched on this subject before in regards to Real Estate Bonds and bond theft. Over the years there have been many accounts of ... read more >>

Real Estate Agent Misconduct – When Will it End?2019-10-30T02:33:48+10:00

The Difference Between Strata Trust Accounting & Real Estate Trust Accounting

2019-03-28T06:24:46+10:00

The mere mention of the word ‘strata’ is enough to have some agents running for the hills. But with the increase of apartment living in Australia, agents may wish to start looking at strata as another area to expand their business. So what is different between strata trust accounting vs normal real estate trust accounting? When it boils down to ... read more >>

The Difference Between Strata Trust Accounting & Real Estate Trust Accounting2019-03-28T06:24:46+10:00

Creating Processes for Batch File Payments

2019-03-28T06:24:47+10:00

Getting to the Bottom of Batch File Payments An aba file is an Australian Bankers Association electronic payment file format. These batch files are generated from your Real Estate trust accounting software when disbursing funds from your rental trust and can be read by your bank. Batch files are typically used in Property Management for paying Landlords and Suppliers and offer great ... read more >>

Creating Processes for Batch File Payments2019-03-28T06:24:47+10:00

How To Avoid Trust Accounting Mistakes of Epic Proportions

2019-03-28T06:24:53+10:00

The day our Director transferred $100,000 instead of $1,000…and how you can avoid the same mistake. Before you think, no - that can’t be right! Think again. Yes these mistakes can, and do happen (even to the best of us). Major mistakes can happen in the blink of an eye – whether from a momentary lapse in concentration or simple ... read more >>

How To Avoid Trust Accounting Mistakes of Epic Proportions2019-03-28T06:24:53+10:00
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