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PayDay News | Australian Payments News

The settlement infrastructure that triggered the fake home loans scandal is AML-free

Senior Business Correspondent
1 Apr, 2026
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Michael Sainsbury
Senior Business Correspondent
1 Apr, 2026
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About 90,000 new entities including property settlement monopoly PEXA, brokers, accounts, lawyers will fall under AUSTRAC compliance from July - as PEXA eyes the New Payments Platform.
The settlement infrastructure that triggered the fake home loans scandal is AML-free
PayDay News

About 90,000 new entities including property settlement monopoly PEXA, brokers, accounts, lawyers will fall under AUSTRAC compliance from July - as PEXA eyes the New Payments Platform.

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