LJ Hooker Gets Started Ahead of New Anti-Money Laundering Reforms

Following a competitive tender process, Australia’s iconic real estate brand LJ Hooker has appointed First AML as its exclusive recommended software provider to support compliance with upcoming Anti-Money Laundering and Counter-Terrorism Financing Act Tranche 2 reforms.

The Tranche 2 reforms, which impact real estate professionals nationally, come into effect 1 July 2026.

“We chose First AML because it offers more than just a compliance tool; it understands how real estate works and how to support our group without slowing us down,” said LJ Hooker CEO Christine Mikhael.

“With Tranche 2 bringing major changes for real estate, this partnership means our people have the support they need to make compliance clear, practical and efficient.

First AML CEO Milan Cooper emphasised collaboration and customer outcomes when discussing this appointment.

“Our platform has been built to take the complexity out of compliance, while fitting seamlessly into the workflows of busy real estate networks like LJ Hooker,” Milan said.

“Together, we’ll ensure LJ Hooker offices can meet regulatory obligations while continuing to provide an exceptional client experience.”

First AML’s platform supports all requirements being introduced as part of Tranche 2: risk assessment, customer due diligence, ongoing monitoring and record-keeping; alongside workflow alignment for the fast pace of property transactions.

Its package to the LJ Hooker network includes tailored AML programs and training delivered via its strategic alliance with One AML and Alpha AML Training.

“While the lead times for this implementation appear long, AML/CTF legislation is complex and will require training within real estate businesses,” continued Christine Mikhael.

“The launch in July 2026 will come quickly. We’re preparing our franchisees and their teams to ensure a seamless transition for their vendors and buyers.

“This appointment demonstrates LJ Hooker’s unique ability to leverage its scale to provide tangible benefits for its franchise network.”