Embattled auction house Grays.com – recently ordered to pay a $10m fine for misleading car buyers – has entered administration just days after its reported sale to a rival. Founded in 1922, Grays.com ...

The commercial online platform had recently been acquired by Slattery Auctions, owned by former Grays owner Quadrant Private equity. The collapse comes just over a year since the Federal Court ruling ...

Slattery Auctions, founded in 2000 and run by Tim Slattery, is buying a far diminished version of the business Quadrant purchased in 2019.

The Australian online retail industry has continued to grow, with auctions group GraysOnline snapping up department store Oo.com.au in a move which the company claims makes it the largest eCommerce ...