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Why the competitive spirit can take over in auctions — and how you can stay in control

  • Written by Murray Bennett, PhD candidate, University of Newcastle
Why the competitive spirit can take over in auctions — and how you can stay in controlShutterstock

Despite the pandemic, Australia is in the midst of a hugely competitive auction market. Sydney, in particular, is experiencing dizzying auction clearance rates and the Reserve Bank’s decision this week to keep interest rates extraordinarily low will no doubt keep auctioneers busy.

If you’ve ever taken part in an auction,...

Read more: Why the competitive spirit can take over in auctions — and how you can stay in control

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