Real estate agents compliance obligations in Tasmania: partnership
Computed by the Rules Mate applicability engine for a partnership with 1–5 employees, turnover $100K–$1M, in real estate agents, operating in Tasmania and selling to consumers and small businesses.
Short answer: 48 obligations
48 obligations apply (21 critical) across 26 regulators, plus 10 to check. Risk rating: high. Licensed or supervised regime: AML/CTF reporting entity. These carry licence conditions, regulator audit and per-contravention civil penalties.
Partnership or company: what changes
Compared with the same business run through a Pty Ltd company (1–5 employees) in Tasmania, 0 obligations apply that did not, and 9 drop away.
- No longer applies: Apply for a Director Identification Number (Director ID)
- No longer applies: Comply with directors' general law and statutory duties
- No longer applies: Prevent insolvent trading (s 588G)
- No longer applies: Pay company PAYG/GST/SG or face Director Penalty Notice (DPN)
- No longer applies: Lodge the ASIC annual company statement and review fee
- No longer applies: Determine large proprietary company status annually
- No longer applies: Pay ASIC fees + lodge prescribed forms
- No longer applies: Discharge of directors' duties — practical evidence
Tasmania law that applies
2 Tasmania obligations apply on these facts:
| Obligation | Why it applies |
|---|---|
| PCBU primary duty of care (TAS WHS Act s 19) | Every business is a PCBU — the primary duty of care applies whether or not you employ anyone · TAS law |
| Industrial manslaughter offence (TAS WHS Act s 29C) | Applies to every PCBU and its officers — a death caused by reckless or negligent breach of a WHS duty is a crime · TAS law |
Payroll tax in Tasmania (FY2026-27)
TAS: 4% / 6.1% on Australian wages above the $1.25 million tax-free threshold (FY2026-27). On these facts the business is below the Tasmania threshold, so payroll tax does not apply yet.
- How the threshold works
- Two-tier marginal structure on total Australian (grouped) wages.
- Returns
- Monthly by the 7th of the following month; annual reconciliation by 21 July
- Administered by
- SRO Tas
Tasmania regulators
Where the obligations sit
| Area | Obligations |
|---|---|
| Aml ctf | 8 |
| Privacy | 8 |
| Workplace | 7 |
| Tax | 6 |
| Whs | 4 |
| Super | 2 |
| Migration | 2 |
| Consumer law | 2 |
| Wages | 1 |
| Discrimination | 1 |
Critical obligations on this profile
- Enrol with AUSTRAC as a reporting entity (Tranche 2 industry (Real estate agents) — AML/CTF reporting entity from 1 July 2026)
- Maintain a written AML/CTF program (Tranche 2 industry (Real estate agents) — AML/CTF reporting entity from 1 July 2026)
- Customer due diligence (KYC) on every customer (Tranche 2 industry (Real estate agents) — AML/CTF reporting entity from 1 July 2026)
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC (Tranche 2 industry (Real estate agents) — AML/CTF reporting entity from 1 July 2026)
- Notifiable Data Breach (NDB) scheme (AML/CTF reporting entity — covered by the Privacy Act for AML/CTF activities (s 6E(1A)))
- Pay superannuation on every payday (Payday Super) (You have employees (1–5))
- Pay employees in accordance with the applicable modern award (You have employees (1–5))
- Manage psychosocial hazards at work (You have employees (1–5))
Check whether these apply
- Trust account audit + ASIC / state regulator submission: only if you hold money in a statutory trust account
- Lodge an FBT return and pay FBT by 21 May: only if you provide fringe benefits (cars, entertainment, loans) to employees
- Wash outbound marketing lists against the Do Not Call Register: only if you make outbound telemarketing calls
- Influencer + ad disclosure under ACL + AANA Code: only if you advertise to consumers or engage influencers
- Track eligibility for the electric car FBT exemption: only if you provide electric vehicles to employees
- Comply with AANA Code of Ethics + community guidelines: only if you advertise to consumers or engage influencers
- Enforce + manage post-employment restraints — current state: only if your contracts contain restraint of trade clauses
- Child Support — employer deductions: only if Services Australia serves you a child support deduction notice
Thresholds to watch
- Lose the Privacy Act small-business exemption at $3M annual turnover (removal of the exemption altogether is proposed, not yet law) (threshold $3M; approaching)
Check your AML/CTF programUpload the AML/CTF program you already have and get a gap score against the Tranche 2 requirements of the Act and Rules. Personal information is removed before analysis.Primary actionRun the compliance journeyAnswer a short questionnaire about your business and get the obligations that apply to you, with the reason each one applies.
Questions
- How many compliance obligations apply to real estate agents in Tasmania run as a partnership with 1–5 employees?
- 48 obligations apply (21 critical) across 26 regulators, plus 10 to check. Risk rating: high. Licensed or supervised regime: AML/CTF reporting entity. These carry licence conditions, regulator audit and per-contravention civil penalties.
- Which Tasmania laws apply?
- PCBU primary duty of care (TAS WHS Act s 19) and Industrial manslaughter offence (TAS WHS Act s 29C)
Related
- Real estate agents compliance in Tasmania
- Real estate agents: all obligations
- Compliance obligations by industry, state and size
- Real estate agents in TAS: sole trader
- Real estate agents in TAS: sole trader with employees
- Real estate agents in TAS: trading trust
- Real estate agents in TAS: no employees
- Real estate agents in TAS: 1–5 employees
- Real estate agents in TAS: 20–99 employees
- Real estate agents in TAS: 100–499 employees
- Real estate agents in TAS: 100–499 employees, turnover $100M–$1B
- Real estate agents in TAS: 500+ employees, turnover $1B+
- Real estate agents in New South Wales: partnership
- Real estate agents in Victoria: partnership
- Real estate agents in Queensland: partnership
- Real estate agents in Western Australia: partnership
- Real estate agents in South Australia: partnership
- Real estate agents in Northern Territory: partnership
- Real estate agents in Australian Capital Territory: partnership
- Enrol with AUSTRAC as a reporting entity: does it apply to real estate agents?
- Maintain a written AML/CTF program: does it apply to real estate agents?
- Customer due diligence (KYC) on every customer: does it apply to real estate agents?
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC: does it apply to real estate agents?
Sources
- SRO Tas: payroll tax thresholds and rates
- PCBU primary duty of care (TAS WHS Act s 19)
- Industrial manslaughter offence (TAS WHS Act s 29C)
- Enrol with AUSTRAC as a reporting entity
- Customer due diligence (KYC) on every customer
- Suspicious matter, threshold, and IFTI reporting to AUSTRAC
- Notifiable Data Breach (NDB) scheme
- Pay superannuation on every payday (Payday Super)
Computed by the Rules Mate applicability engine from the published obligation corpus; facts last checked 3 October 2026. Rules Mate is not a law firm and this is general information, not legal advice. Confirm your position with the regulator source or a qualified adviser before acting.