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The Guardian - AU
The Guardian - AU
National
Sarah Martin

Competition minister ‘concerned’ Australians pay most in world to sell their homes online

Andrew Leigh REA REA Group ACCC
A new housing estate at Springfield in Ipswich.
Prices at the News Corp-controlled realestate.com.au can be as high as $4,000 for a single listing, prompting complaints from vendors, agents and industry disruptors. Photograph: Darren England/AAP

The assistant competition minister, Andrew Leigh, says he is “concerned” Australians are paying the highest costs in the world to advertise their homes for sale online.

After a Guardian Australia investigation into the market power of the Murdoch-controlled REA Group, which owns realestate.com.au, Leigh said he wanted to see costs in the property market come down.

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