New Laws Tighten Property & Finance Rules | Australia News

Starting July 1st, Australia’s real estate market gets a major crackdown on financial crime — new laws force agents, lawyers, accountants, and even gold dealers to verify buyer identities, targeting money laundering and terror financing. While most buyers just need ID and a checkbox, suspicious cash deals will trigger AUSTRAC alerts. Experts say billions flow through Aussie property annually — these rules aim to stop it. Meanwhile, award wages jump 4.75%, super contributions must be paid within a week of payday (boosting retirement savings), a new SMS scam register protects consumers, and supermarkets face price-gouging crackdowns — all designed to reshape everyday finance and protect the economy. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b75f25e6cd1d8f6b