Why Victoria refuses to make auction bidders register like NSW and QLD

Whitefox national auctioneer Eleanor Currie is among property leaders pushing for mandatory bidder registration as the Victorian government advances sweeping changes to auction rules. Victoria faces a fresh push for mandatory bidder registration after auctioneers and buyer advocates revealed apparent winners are walking away after the hammer comes down. The calls come as the government prepares to begin enforcing legislation requiring agents to publish a seller’s reserve at least seven days before auction, without introducing a statewide requirement for bidders to register and prove their identity. Experienced industry figures have watched apparent winning bidders refuse to proceed, and there are concerns it is far more common than many would believe.RELATED: Hi-tech pods the future of granny flats Carroll urged to halt new auction rules Fire-damaged Melb squatter den tops $1m Whitefox national auctioneer Eleanor Currie said calling auctions interstate had convinced her Victoria should introduce mandatory registration. “I absolutely think it should be legislated here, for sure,” Ms Currie said. NSW and Queensland require auction bidders to register, with identity requirements apply...