Property buyers to retreat as market goes on hold
More than 3065 property auctions scheduled across Australia this week are in limbo after the government banned public auctions and open homes from Wednesday.
Some selling agents and vendors are scrambling to move the public auctions to private treaty, while others are rushing to set up their auction online or rescheduling the auction dates for those who want to continue.
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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au
Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
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