AUSTRAC Tranche 2 · Property Developers & Builders

AML Software for Property Developers & Builders

Purpose-built AML/CTF compliance for Australian property developers, house-and-land sellers, boutique developers and volume builders. Handles SPVs, reporting groups, off-the-plan CDD and foreign buyer ECDD — all in one platform.

From $59/mo + GST SPV & reporting group support Off-the-plan CDD workflows Foreign buyer ECDD built in
AUSTRAC-aligned DFAT sanctions screening AWS Sydney hosting Bank-grade encryption
Why developers need AML software

From 1 July 2026, developers selling direct are reporting entities

Under the amended AML/CTF Act 2006 and the AUSTRAC Tranche 2 reforms, property developers and builders who sell real property directly to buyers provide a designated service. From 1 July 2026 you must enrol with AUSTRAC, maintain a written AML/CTF program, verify every buyer, screen against the DFAT sanctions list, lodge suspicious matter reports, and keep records for 7 years.

Developers bring unique compliance scenarios — long-dated off-the-plan contracts, SPVs per project, foreign buyers, and display-home sales. AMLTranche maps to these: per-SPV enrolment, reporting groups, off-the-plan re-screening, and foreign buyer ECDD built in.

Even a builder who sells one spec home a year is a reporting entity for that designated service. There is no minimum threshold in the Act — the test is whether you are providing a designated service in the course of a business.

AUSTRAC for developers

Your six AUSTRAC obligations as a property developer

All six obligations apply under the AML/CTF Act and AUSTRAC's public guidance. AMLTranche delivers the systems you need to meet each one — see AUSTRAC's Real Estate Program Starter Kit for the sector-specific program structure.

1Enrol with AUSTRAC

Register as a reporting entity through AUSTRAC Online. Enrolment opens 31 March 2026; deadline 29 July 2026.

2AML/CTF program

A written, risk-based AML/CTF program with your ML/TF risk assessment, policies, procedures and controls. Appoint a fit-and-proper compliance officer.

3Customer due diligence

Conduct CDD on the client on whose behalf you act (per the AUSTRAC Conveyancer Program Starter Kit) before providing the designated service.

4Sanctions & PEP screening

Screen every client against the DFAT Consolidated List and PEP databases — and re-screen on list updates.

5Suspicious matter reports

Lodge an SMR with AUSTRAC when you form a suspicion on reasonable grounds. Tipping off a customer is a criminal offence under section 123 of the Act.

67-year record keeping

Retain CDD records, screening results and compliance documents for 7 years per AUSTRAC record-keeping guidance.

Not sure how your business structure fits? Read our guide to reporting groups for developers and SPVs, or confirm with the AUSTRAC eligibility tool.

The AML platform for developers

Built for long-dated files, multiple SPVs and foreign buyer scrutiny

Developer compliance isn't just CDD at the moment of sale — it's years of records, re-screens, SMR reviews and coordinated reporting groups. AMLTranche is built for that reality.

Biometric ID verification

Selfie plus document capture on any device. Matches Australian driver licence, passport or Medicare via secure IDV providers.

DFAT sanctions & PEP screening

Every buyer screened against the DFAT Consolidated List and PEP databases. Automatic re-screening when lists update — critical for long-dated off-the-plan contracts.

Enhanced CDD for foreign buyers

Source of funds, source of wealth, country risk, foreign PEP status. AUSTRAC treats foreign PEPs as automatically high risk.

SPV & reporting group support

Manage multiple project SPVs under a single reporting group. Shared AML/CTF program, per-entity audit trails.

Off-the-plan CDD timing

Handles the long gap between contract and settlement. Periodic re-screening across the life of the file.

Auto-generated AML/CTF program

Short questionnaire generates your program and ML/TF risk assessment — mapped to the AUSTRAC Real Estate Program Starter Kit.

SMR workflow with tipping-off controls

Reviewer role-split so tipping off is prevented by design. Aligned to section 123 of the AML/CTF Act.

7-year tamper-proof audit log

Every CDD action signed and time-stamped. Data stored in AWS Sydney. AUSTRAC examination-ready.

Why developers choose AMLTranche

Built in Australia, priced for boutique developers, scaled for ASX-listed groups

Reporting groups & SPVs built in

Multiple project SPVs under one shared AML/CTF program. Per-entity audit trails for AUSTRAC examination.

Off-the-plan ready

Long-dated contracts with periodic re-screening. Critical when DFAT lists update between contract and settlement.

Foreign buyer ECDD

Source-of-funds, source-of-wealth, country risk and foreign PEP workflows — all per AUSTRAC guidance.

Data stays in Australia

All data hosted in AWS Sydney (ap-southeast-2). 256-bit encryption, tamper-proof audit log, 7-year retention built-in.

Scales from boutique to ASX-listed

Solo plan for boutique developers; Growth and Scale plans for multi-project groups.

Transparent pricing, no onboarding fees

From $59/mo + GST. No feature gating. Annual plans save 17%.

Pricing for developers

Plans that match how a developer actually runs projects

Every plan includes AUSTRAC enrolment support, AML/CTF program generation, DFAT sanctions screening, PEP screening, and 7-year audit trails. Reporting group support on Growth and Scale plans. Annual billing saves 17%.

Solo
$59/mo
+ GST · Monthly

Boutique developers. 1 seat, 5 IDV verifications/mo.

Growth · Popular
$149/mo
+ GST · Monthly

Mid-tier developers. 5 seats, 20 IDV verifications/mo. Reporting groups.

Scale
$299/mo
+ GST · Monthly

ASX-listed & volume developers. 15 seats, 50 IDV verifications/mo.

See full pricing & annual plans
FAQs — AML for property developers

Common questions

What is the best AML software for property developers in Australia?+
AMLTranche is purpose-built AML software for Australian property developers and builders who sell property directly. It covers every AUSTRAC Tranche 2 obligation — CDD, off-the-plan workflows, Enhanced CDD for foreign buyers, DFAT sanctions screening, PEP screening, AML/CTF program generation, SPV and reporting group support, SMR workflows, and 7-year audit trails.
Do all developers need to enrol with AUSTRAC?+
Yes. Developers (including volume builders, boutique developers and house-and-land sellers) who sell real property directly to buyers provide a designated service and are reporting entities from 1 July 2026. Enrolment opens 31 March 2026; deadline 29 July 2026.
Can multiple SPVs share one AML/CTF program?+
Yes, through AUSTRAC's reporting group framework. A reporting group allows members to share an AML/CTF program. Each entity still enrols separately. See our guide to reporting groups for developers & SPVs.
How does CDD work for off-the-plan sales?+
Off-the-plan sales involve a long gap between contract and settlement. CDD must be completed consistent with AUSTRAC's initial CDD guidance. Long-dated contracts also require ongoing monitoring — customer circumstances and DFAT sanctions lists change. AMLTranche supports periodic re-screening across the life of an off-the-plan file.
What about foreign buyers?+
Foreign buyers typically require Enhanced CDD (ECDD) per AUSTRAC. Source-of-funds, source-of-wealth, country risk and foreign PEP screening all apply. Foreign PEPs are treated as automatically high risk.
How much does AML software cost for a developer?+
AMLTranche starts at $59/month + GST on the Solo plan for boutique developers. Growth ($149/mo) and Scale ($299/mo) plans cover multi-project developers and ASX-listed groups. Annual billing saves 17%.
What happens if I don't comply with AUSTRAC?+
AUSTRAC can apply for civil penalty orders from the Federal Court — up to 100,000 penalty units for the most serious contraventions, per AUSTRAC. The AML/CTF Act also contains specific criminal offences (for example, tipping off under section 123: imprisonment for 2 years or 120 penalty units, or both). See AUSTRAC's Consequences of not complying.

Be AUSTRAC-ready before 1 July 2026

Purpose-built AML software for Australian property developers and builders. Plans from $59/mo. SPVs, reporting groups and off-the-plan ready.

More for developers

Further reading — AML for property developers