Underquoting and ‘dummy bidding’ will attract fines of $110,000 in bid to create a ‘fair property market’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The New South Wales government will introduce new laws this week to force property sellers to publish a price guide on all advertising, and impose a fivefold increase to fines for underquoting real estate agents. The government says the draft laws, first flagged last year, are aimed at cracking down on agents providing misleading price estimates on property listings, a practice often used to inflate interest. Continue reading...
SRCThe Guardian - World News
LANGEN
LEANCenter-Left
WORDS106
ENT3
SUN · 2026-03-15 · 00:17 GMTBRIEF NSR-2026-0315-24591
NSR-2026-0315-24591News Report·EN·Economic Impact
NSW to crack down on property underquoting, forcing sellers to publish price guides on all listings
The New South Wales government will implement new laws this week targeting property underquoting. These laws mandate that sellers publish price guides on all property listings.
Ben SmeeThe Guardian - World NewsFiled 2026-03-15 · 00:17 GMTLean · Center-LeftRead · 1 min
The Guardian - World NewsFIG 01
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106words
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Briefing Summary
AI-generatedNEWSAR · AI
The New South Wales government will implement new laws this week targeting property underquoting. These laws mandate that sellers publish price guides on all property listings. The initiative aims to create a fairer property market by preventing real estate agents from providing misleading price estimates to inflate interest. Fines for underquoting and dummy bidding will significantly increase, reaching $110,000. The government hopes these measures will discourage deceptive practices and promote transparency in the NSW property market. The draft laws were initially announced last year.
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Model · rule-basedFraming
Economic Impact
Legal & Judicial
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Fines for underquoting real estate agents will increase fivefold.
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The draft laws are aimed at cracking down on misleading price estimates.
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Fines of $110,000 will be issued for underquoting and ‘dummy bidding’.
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NSW government will introduce new laws to force property sellers to publish price guides.
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9 termsproperty underquoting
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nsw
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price guide
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real estate
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misleading price estimates
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dummy bidding
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property market
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fines
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property listings
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View Full Graph Person Organization Location Event|Click node to navigate|Edge numbers = shared articles