Latest conveyancing insights

How the New AML-CTF Tranche 2 Regime Will Affect Property Market Participants From 1 July 2026, Australia’s anti-money laundering and counter-terrorism financing (AML-CTF) regime is expanding under the AML/CTF Amendment Act 2024 and associated rules. This expansion known as Tranche2, brings a wide range of property market participants into the regulatory net, with practical implications that will reshape compliance and daily practice across the sector.

If you are buying or selling property in Victoria, you will come across a document known as the Section 32 Vendor’s Statement. This is a critical legal document in any property transaction and plays an important role in protecting buyers while ensuring sellers meet their legal obligations. In this guide, we explain what a Section 32 is, what it must include, when it must be provided, and why obtaining legal advice is essential before signing a contract.