Just days after its sale to Slattery Auctions, the embattled Grays Online auction platform has entered administration.
Online eCommerce platform, Grays Onine, has been placed into administration, following its $2 million sale to rival, Slattery Auctions.
The decision to liquidate, as revealed by Channel News, highlights Grays Online’s financial issues.
Grays describes itself as Australia’s largest industrial, auto and commercial eCommerce business in Australasia, having originally commenced operation in 1922.
In July 2025 the Federal Court issued a $10 million fine to Grays Online, and ordered the organisation to compensate hundreds of buyers misled by deceptive advertising.
The court found that between July 2020 and June 2022 the company has misrepresented the make, model, or feature