News & Insights

Buying or selling property in Queensland now involves a few more questions than usual, and there is a brand-new legal reason behind it. From 1 July 2026, Australia’s anti-money laundering and counter-terrorism financing framework expanded to include the real estate and legal sector. Known as the "Tranche 2" reforms, these changes legally require conveyancers, solicitors and real estate agents to conduct formal identity and source-of-funds checks before acting on a property tr

Buying or selling property no longer needs to rely on slow, error-prone paper settlements. PEXA and e-conveyancing replace physical documents and cheques with a secure online system, allowing parties to transact in real time. This reduces delays, minimises errors, lowers costs, speeds up fund clearance, and enables near-immediate transfer of property ownership.

Buying a property is a big step, and transfer duty can be a high upfront cost. The good news is that eligible buyers may qualify for concessions or exemptions. Here’s a straightforward guide to how Queensland transfer duty works and what to check before you buy.