PEXA

PEXA was proud to be a major partner of the Queensland Law Society Annual Gold Coast Legal Conference, where Rukshana Sashankan chaired a key session with Matt Dunn and Shane Budden on Anti-Money Laundering (AML) reform.

With all 200 delegates in the room, they unpacked the pressing question: What’s happening with Tranche 2?

💡 The session explored:
🔹 What Tranche 2 is and when it’s expected
🔹 Who will be covered under the AML/CTF regime
🔹 What steps practitioners can take now to prepare

Matt and Shane expertly outlined key preparation steps — including risk assessments, customer due diligence frameworks and governance obligations.

💡 The key takeaways:
🔹 Final rules anticipated in August 2025 and compliance programs required from 1 July 2026. Practitioners are not expected to prepare compliance programs before the rules are finalised.
🔹 Starter kits tailored for small business are being developed by AUSTRAC, targeting a December 2025 release. Visit: https://www.austrac.gov.au/business/how-comply-and-report-guidance-and-resources/guidance-resources/aml-ctf-programs

After the session, we were heartened by how many practitioners approached us—keen to stay informed and collaborate. We’ll continue to provide updates as we work with stakeholders to determine how we can help practitioners and firms prepare with confidence.

Exciting times ahead as PEXA heads to the Top End! 🌟

Last week, the PEXA team ventured north to Darwin ahead of our launch into the Northern Territory later this year.

We partnered with the LTO to deliver a meet-and-greet at the Supreme Court followed by roadshows that offered a first-hand look at our platform, where we connected with local legal practitioners, conveyancers, industry leaders, and the broader NT Land Titles Office team.

The response? Inspiring! NT practitioners were particularly interested in our robust security features and the potential to enhance their client service through digital settlements. Thank you to the Northern Territory LTO for hosting our team and facilitating these valuable sessions.

With PEXA already powering over 90% of property transactions across Australia, we're thrilled to welcome the Territory on board with our Refinance capabilities launching in August 2025.

From national settlement volumes to regional trends, PEXA’s latest Property and Mortgage Insights Reports reveal where Australians are buying and borrowing in our evolving property market.

➡ Swipe to read more about Perth’s investor-led property price growth.

Want the full picture across NSW, QLD, VIC, WA and SA? Access the full reports here: https://www.pexa-group.com/content-hub/property-insights-and-reports/