Joe O'Toole (Independent)

The last matter raised by Senator Brian Hayes has been discussed by the Joint Committee on Finance and the Public Service. The Revenue Commissioners and the Ombudsman have appeared before the committee to discuss it and it will be making a recommendation on the matter in the next ten days. There was a lengthy session with the Ombudsman and the Chairman of the Revenue Commissioners.

I have previously raised the practices of the auctioneering profession. Since then a number of people have outlined to me the bad experiences they have had. I have example after example of auctioneers working on both sides of deals and bumping up prices to catch unwary punters. This is particularly unpleasant when first-time buyers are so vulnerable and need a roof over their heads. The vast majority of auctioneers are honest but the profession must be regulated and a more open method of auctioneering introduced. They provide a vital service. It is as important that we can rely on them as it is that we can rely on auditors and accountants. Every Senator could give examples of sharp practice. There should be a full debate on the matter with a view to the Government establishing an inquiry into how the business can be regulated in the future.