Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws will expand significantly. For the first time, many legal, accounting, conveyancing and property-related services will fall within the scope of the AML/CTF regime administered by AUSTRAC.

Brightman v Royal Pines Projects Pty Ltd highlights the duty of cooperation in contracts, particularly in property transactions. Developers must give buyers a fair chance to meet obligations, like getting valuations and financing. This case shows the importance of acting in good faith and not hindering the other party's ability to fulfil their duties.

We blog about an incident, which targeted a client in the midst of a home purchase, demonstrating the lengths to which cybercriminals will go to perpetrate their deceptions. Their tactics encompass deceptive domain names, modified account details, and the painstaking replication of email content, even replicating warnings about cybercrime!