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Selling a house in Australia is expensive. The ACCC is investigating one reason why

Australia’s consumer watchdog is investigating the practices of REA Group, the News Corp-controlled real estate listings behemoth that runs realestate.com.au.


The development comes months after a major Guardian Australia investigation probing the practices of REA Group, which critics alleged was shutting out new players and hiking up advertising prices.


Some in the industry fear the market dominance of REA Group is hurting consumers, both by increasing the costs associated with buying, selling and renting, and by denying them flexibility and choice in the way they advertise and search for property.


So, what do we know about the Australian Competition and Consumer Commission’s investigation?



 
 
 

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