Commissions to be paid by sellers total of knock down price

  • 7.5% under $10,000 (plus GST)
  • 5% over $10,000 (plus GST)
  • 3.5% over $100,000 (plus GST)

Buyer’s Premium

10% (plus GST) to be paid on all lots by all buyers on total of knock down price

GST

Knock down price will include 10% GST 

Reserves

*All items under $1500 must be sold unreserved.

Payment to vendors

Payments to Vendors will be within 14 days and all monies will be held in the Hervey Bay Auction Centre Trust Account.