ASX-listed property advertising company specialising REA Group Limited has announced that Sam Boer, CBA's general manager of third party banking, will take on the role of Smartline CEO. The mortgage broking franchise group is majority owned by REA, after it acquired an 80.3 per cent stake in Smartline in June 2017. REA saw moving into an adjacent market as strengthening its home loan offering, which includes realestate.com.au. Smartline is settling more than A$6 billion in loans annually with a total loan-book of approximately $25 billion, which gives the REA Group Financial Services segment greater scale and capability for the long term. Boer joins Smartline in Sydney on Monday 14 August and will be based at the North Ryde office. The New Zealand government has launched an information campaign to coincide with the enactment of legislation extending AML/CTF laws to cover lawyers, conveyancers and trust and company service providers (from 1 July) and to accountants (from October this year), real estate agents (from January 2019) and dealers in high value goods and the Racing Board (from August 2019). The government estimates over NZ$1 billion a year from drug dealing and fraud could be being laundered through New Zealand businesses. The Keep Our Money Clean campaign will feature print and digital advertising and information packs.