Beef Week Open Day 30/7/2024 all lots will be penned for inspection from 9 – 4pm
For information and inspection of the sale cattle please contact:
Tim Lord M: 0417 406 036
Theo Onisforou M: 0411 327 143
Angus Onisforou M: 0427 768 893
Harry Waters M: 0417 441 155
Tom McGregor M: 0407 583 069
Lincoln McKinlay M: 0419 239 963
Ben Seamen M: 0408 164 671
Ryan Bajada M: 0435 411 536
All outside Agents must nominate buyers in writing (nominations close 5pm 22/08/2024)
Follow KO Angus on: For videos, photographs and updates of sale lots view: www.koangus.com.au www.angusaustralia.com.au www.auctionsplus.com.au
“Above
Welcome to our 28th Annual Spring Bull Sale.
This is our second Spring Bull Sale at our new property Buckinbah ‘1790 Darbalara Road, Darbalara via Gundagai’.
We hereby invite you to inspect this year’s draft of Sale Bulls on Tuesday the 30th of July, between 9am-4pm at Buckinbah.
Private inspections are welcome at any time.
The sale bulls on display for our Beef Week Open Day provides a great day to view the Bulls in a no-pressure environment and to discuss your breeding objectives with us.
2023 was a major milestone for KO Angus Stud, where we celebrated 30 years of breeding registered Stud Cattle, including having:
• Our Inaugural Autumn Bull Sale at Buckinbah
• Our Inaugural Annual Bull Sale in Springsure, Queensland
• Our Inaugural Female Sale at Buckinbah
• Our Inaugural Annual Spring Bull Sale at Buckinbah
We now produce over 400 Stud Calves a year, with our intention to continue our Annual Buckinbah Sale offering between 70-90 Bulls and our Annual Springsure QLD Sale offering between 40-50 Bulls annually.
KO Angus Stud places great importance on selecting traits that influence the profitability of the beef enterprise. This includes a strong emphasis on excellent Phenotype, outstanding EBVs, and a program focused on docility. We do not compromise on any of these traits in our breeding program. All cattle are worked with dogs, ensuring they are well-handled and accustomed to a variety of environments.
It is particularly challenging to breed animals with superior traits that contribute directly to profitability, such as longevity, and maximum returns. Our bulls are bred with these goals in mind and have been proven to perform exceptionally well across the eastern seaboard from Northern QLD, down to Tasmania.
We continue to enjoy our new local townships at Gundagai and Tumut, and the whole of the South West Slopes.
KO Angus is now a proud sponsor of;
• The Gundagai Rodeo and Campdraft,
• The Clermont Bears QLD Rugby,
• The NSW Polo Association,
• And, for the first time this year, fielded a KO Angus Polo team in the country circuit.
We invite everyone to connect with us at these events if possible.
We thank our new local clients for choosing KO Angus Stud for their bull needs and look forward to meeting those needs well into the future.
We remain committed to breeding above-average quality bulls that sell for belowaverage prices, ensuring our clients receive exceptional value. With all indications showing a boost in the market in early 2025, now is a great time to replace or add to your sire battery in anticipation of the coming market price rise.
All current clients have the peace of mind of our KO Guarantee, ensuring you hit your target market with KO Angus Stud.
We value feedback from customers year-round and encourage you not to be strangers.
Angus Onisforou.
Theo, Angus, Stephanie Onisforou & Tim Lord
Emerald Onisforou
Sale Information
We have held twenty six successful on-property bull sales since starting back in 1997.
The reasons you should be interested in K.O. bulls are that they are:
• Larger or framier than average
• Powerful and thick
• Heavier than average on a weight for age basis (off grass)
• Fertile
• We cull harder at K.O. than most bull breeders, because we are short on grazing expansion opportunities
Breeding Philosophy
At K.O. we are ‘not’ taking the easy route (that is, by breeding shorter thick appearing bulls) – at K.O. we are selectively breeding larger framed but also thick bulls. Whilst this is hard to do, we believe we are succeeding.
• The smaller an animal’s frame the easier it is for that animal to appear thick.
• The larger an animal’s frame the harder it is for the animal to appear thick.
Most bull breeders are offering for sale smaller framed bulls with differing degrees of thickness.
Come and have a look at our bulls and make up your own mind. They are worth a look.
Inspection
Beef Week Open Day: All lots will be penned for inspection on the 30/7/2024 from 9 –4pm as part of The Land Southern Beef Week, or arranged by appointment.
Bidders Cards
Bidders Cards will be used. Obtain from the Sale Office on the day of sale.
Delivery
At conclusion of sale - instruction sheets MUST be completed prior to departing the sale.
Rebate
A minimum 1% rebate will be available to registered outside agents introducing ‘new’ (not having purchased at K.O. before) buyers in writing prior to sale and settling on their behalf within 7 days of date of invoice.
Insurance
Insurance can be effected at the fall of the hammer, by contacting the sale agentsElders Limited listed on page 3.
Catering
Complimentary refreshments will be available.
Guarantee
Any K.O. bull that proves to be structurally unsound, infertile or incapable of service is guaranteed for up to two years from the date of sale. Under these circumstances, K.O. will:
1. Replace the bull with a satisfactory substitute if available, or
2. Issue a credit equal to the purchase price less the salvage value. The credit may be used at future KO. Bull sales. The guarantee strictly covers the purchase value of the bull, without interest, cost and damages. The guarantee shall apply providing the bull’s incapacity is not caused by injury or disease contracted since leaving K.O. Angus Stud, and is calculated on the basis that the guarantee is reduced by 50% of the purchase price for each if two years of service from the sale date. A veterinary certificate must be supplied by the purchaser on request. If any bull that is purchased does not possess a reasonable fertility, although not totally infertile, any dispute that may arise shall be settled by an arbitrator appointed by the auctioneers and must be lodged within 12 calendar months from date of sale.
We recommend that all purchasers discuss injury insurance of their bulls at the sale with Elders. This guarantee is in addition to the normal terms and conditions governing auction sales. If there is a problem please ring us first. Yearling bulls should only be put over 25 females, K.O. will not be responsible for any consequent loss for yearling bulls put over more than 25 females.
Health
All bulls have been:
• Pestguarded & 7 in 1
• Drenched with Sureshot Duo Combination
Theileria: the following lots have been raised in a Theileria area and are likely to be resistant to disease from exposure.
Lots 1 through to 34 .
Vet Certificate
Each of our stud bulls comes with a certificate from Holbrook Vet Centre attesting to their:
• Structural Soundness
• Semen Tested Status
Fertility Tested Status
• Conformation
Holbrook Vets can be contacted direct on (02) 6036 2374.
Free Transport*
Free bull delivery and K.O. Angus pays your freight!
*Up to 300kms by road subject to using our nominated carriers on our nominated routes to deliver - they will deliver at a time that best suits them (see vendor).
Notice to Buyers
Outside Agents Commission
A 1% commission will be paid to outside agents ‘settling the account’. These agents must nominate their buyer in writing. Nominations close at 5 pm the day prior to the sale. A generous commission will be ‘negotiated’ with outside agents introducing and accompanying clients to the sale. Such negotiations must be concluded by 5pm the day prior to the sale.
Semen Test before Annual Spring Bull Sales - Not after
Allow me to share an experience. Two weeks after our 2002 bull sale we were contacted by a ‘new’ client who advised that he had semen tested his existing bulls (after our sale) and three out of six failed. He now wanted to purchase an additional three good bulls. Obviously, the client would have had a much better range of choice had he tested before our bull sale and not after.
Volume Discounts
K.O. Angus is happy to offer discounts to volume purchasers of bulls at our annual sale. We offer the following discounts off the total purchase price, 2 bulls—2% 3 bulls—3%, 4 bulls—4%, 5 bulls and over—5%. Bulls purchased by different parties can not be aggregated. Purchasers agents commission, if applicable, will be deducted from the discount allowed.
Semen Interest Retained in Bulls
K.O. Angus will retain a 50% interest in the semen rights on all bulls. K.O. will share the semen selling benefits equally with the bull owner, if marketed. The purchaser has full possession and responsibility for the bull. K.O. has no interest in the salvage value of the bull. If the bull is on-sold K.O. retains its semen rights going forward. The purchaser can collect semen for any use, but if sold the benefits are shared. If K.O. wishes to collect semen we will do so at our own cost and at times suitable to the bull owner.
DNA/Genomics
All lots except Lot 31 have been DNA tested with the Neogen Angus GS chip for genomic enhanced EBV’s, of these 69 lots are Parent Verified to both Sire and Dam and the remaining 4 are Sire verified.
Attention Buyer
Animal details included in this catalogue, including but not limited to pedigree, DNA information, Estimated Breeding Values (EBVs) and Index values, are based on information provided by the breeder or owner of the animal. Whilst all reasonable care has been taken to ensure that the information provided in this catalogue was correct at the time of publication, Angus Australia will assume no responsibility for the accuracy or completeness of the information, nor for the outcome (including consequential loss) of any action taken based on this information.
Parent Verification Suffixes
The animals listed within this catalogue including its pedigree, are displaying a Parent Verification Suffix which indicates the DNA parent verification status that has been conducted on the animal. The Parent Verification Suffixes that will appear at the end of each animal’s name.
PV : both parents have been verified by DNA.
SV : the sire has been verified by DNA.
DV : the dam has been verified by DNA.
# : DNA verification has not been conducted.
• PI Tested Negative
• Blooded for tick fever
E : DNA verification has identified that the sire and/or dam may possibly be incorrect, but this cannot be confirmed conclusively
Understanding the TransTasman
Angus Cattle Evaluation (TACE)
What is the TransTasman Angus Cattle Evaluation?
The TransTasman Angus Cattle Evaluation is the genetic evaluation program adopted by Angus Australia for Angus and Angus influenced beef cattle. The TransTasman Angus Cattle Evaluation uses Best Linear Unbiased Prediction (BLUP) technology to produce Estimated Breeding Values (EBVs) of recorded cattle for a range of important production traits (e.g. weight, carcase, fertility).
The TransTasman Angus Cattle Evaluation is an international genetic evaluation and includes pedigree, performance and genomic information from the Angus Australia and Angus New Zealand databases, along with selected information from the American and Canadian Angus Associations.
The TransTasman Angus Cattle Evaluation utilises a range of genetic evaluation software, including the internationally recognised BLUPF90 family of programs, and BREEDPLAN® beef genetic evaluation analytical software, as developed by the Animal Genetics and Breeding Unit (AGBU), a joint institute of NSW Agriculture and the University of New England, and Meat and Livestock Australia Limited (MLA).
What is an EBV?
An animal’s breeding value can be defined as its genetic merit for each trait. While it is not possible to determine an animal’s true breeding value, it is possible to estimate it. These estimates of an animal’s true breeding value are called EBVs (Estimated Breeding Values).
EBVs are expressed as the difference between an individual animal’s genetics and a historical genetic level (i.e. group of animals) within the TACE genetic evaluation, and are reported in the units in which the measurements are taken.
Using EBVs to Compare the Genetics of Two Animals
TACE EBVs can be used to estimate the expected difference in the genetics of two animals, with the expected difference equating to half the difference in the EBVs of the animals, all other things being equal (e.g. they are joined to the same animal/s).
For example, a bull with a 200 Day Growth EBV of +60 would be expected to produce progeny that are, on average, 10 kg heavier at 200 days of age than a bull with a 200 Day Growth EBV of +40 kg (i.e. 20
kg difference between the sire’s EBVs, then halved as the sire only contributes half the genetics).
Or similarly, a bull with an IMF EBV of +3.0 would be expected to produce progeny with on average, 1% more intramuscular fat in a 400 kg carcase than a bull with a IMF EBV of +1.0 (i.e. 2% difference between the sire’s EBVs, then halved as the sire only contributes half the genetics).
Using EBVs to Benchmark an Animal’s Genetics with the Breed
EBVs can also be used to benchmark an animal’s genetics relative to the genetics of other Angus or Angus infused animals recorded with Angus Australia. To benchmark an animal’s genetics relative to other Angus animals, an animal’s EBV can be compared to the EBV reference tables, which provide:
• the breed average EBV
• the percentile bands table
The current breed average EBV is listed on the bottom of each page in this publication, while the current EBV reference tables are included at the end of these introductory notes.
For easy reference, the percentile band in which an animal’s EBV ranks is also published in association with the EBV.
Considering Accuracy
An accuracy value is published with each EBV, and is usually displayed as a percentage value immediately below the EBV.
The accuracy value provides an indication of the reliability of the EBV in estimating the animal’s genetics (or true breeding value), and is an indication of the amount of information that has been used in the calculation of the EBV.
EBVs with accuracy values below 50% should be considered as preliminary or of low accuracy, 50-74% as of medium accuracy, 75-90% of medium to high accuracy, and 90% or greater as high accuracy.
Description of TACE EBVs
EBVs are calculated for a range of traits within TACE, covering calving ease, growth, fertility, maternal performance, carcase merit, feed efficiency and structural soundness. A description of each EBV included in this publication is provided on the following page.
UNDERSTANDING ESTIMATED BREEDING VALUES (EBVS)
CEDir % Genetic differences in the ability of a sire’s calves to be born unassisted from 2 year old heifers.
CEDtrs % Genetic differences in the ability of a sire’s daughters to calve unassisted at 2 years of age.
GL days Genetic differences between animals in the length of time from the date of conception to the birth of the calf.
BW kg Genetic differences between animals in calf weight at birth.
200 Day kg Genetic differences between animals in live weight at 200 days of age due to genetics for growth.
400 Day kg Genetic differences between animals in live weight at 400 days of age.
600 Day kg Genetic differences between animals in live weight at 600 days of age.
MCW kg Genetic differences between animals in live weight of cows at 5 years of age.
Milk kg Genetic differences between animals in live weight at 200 days of age due to the maternal contribution of its dam.
DtC days Genetic differences between animals in the time from the start of the joining period (i.e. when the female is introduced to a bull) until subsequent calving.
SS cm Genetic differences between animals in scrotal circumference at 400 days of age.
CWT kg Genetic differences between animals in hot standard carcase weight at 750 days of age.
EMA cm2 Genetic differences between animals in eye muscle area at the 12/13th rib site in a 400 kg carcase.
Higher EBVs indicate fewer calving difficulties in 2 year old heifers.
Higher EBVs indicate fewer calving difficulties in 2 year old heifers.
Rib Fat mm Genetic differences between animals in fat depth at the 12/13th rib site in a 400 kg carcase. Higher EBVs indicate more fat.
P8 Fat mm Genetic differences between animals in fat depth at the P8 rump site in a 400 kg carcase.
RBY % Genetic differences between animals in boned out saleable meat from a 400 kg carcase.
IMF % Genetic differences between animals in intramuscular fat (marbling) at the 12/13th rib site in a 400 kg carcase.
NFI-F kg/day
Genetic differences between animals in feed intake at a standard weight and rate of weight gain when animals are in a feedlot finishing phase.
Doc % Genetic differences between animals in temperament.
Claw Set score Genetic differences in claw set structure (shape and evenness of claws).
Foot Angle score Genetic differences in foot angle (strength of pastern, depth of heel).
Leg Angle score
$A $
$A-L $
Genetic differences in rear leg structure when viewed from the side (angle at front of the hock).
Genetic differences between animals in net profitability per cow joined in a typical commercial self replacing herd using Angus bulls. This selection index is not specific to a particular market end-point, but identifies animals that will improve overall net profitability in the majority of commercial, self replacing, grass and grain finishing beef production systems.
Genetic differences between animals in net profitability per cow joined in a typical commercial self replacing herd using Angus bulls. This selection index is not specific to a particular market end-point, but identifies animals that will improve overall net profitability in the majority of commercial, self replacing, grass and grain finishing beef production systems.
The $A-L index is similar to the $A index but is modelled on a production system where feed is surplus to requirements for the majority of the year, or the cost of supplying additional feed when animal feed requirements increase is low.
While the $A aims to maintain mature cow weight, the $A-L does not aim to limit the increase in mature cow weight as there is minimal cost incurred if the feed maintenance requirements of the female breeding herd increase as a result of selection decisions.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd targeting the domestic supermarket trade. Steers are either finished using pasture, pasture supplemented by grain, or grain (e.g. 50 -70 days) with steers assumed to be slaughtered at 510kg live weight (280kg carcase weight with 12mm P8 fat depth) at 16 months of age.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd targeting the domestic supermarket trade. Steers are either finished using pasture, pasture supplemented by grain, or grain (e.g. 50 -70 days) with steers assumed to be slaughtered at 510kg live weight (280kg carcase weight with 12mm P8 fat depth) at 16 months of age.
The $D-L index is similar to the $D index but is modelled on a production system where feed is surplus to requirements for the majority of the year, or the cost of supplying additional feed when animal feed requirements increase is low.
While the $D aims to maintain mature cow weight, the $D-L does not aim to limit the increase in mature cow weight as there is minimal cost incurred if the feed maintenance requirements of the female breeding herd increase as a result of selection decisions.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd targeting pasture grown steers with a 250 day feedlot finishing period for the grain fed high quality, highly marbled markets. Steers are assumed to be slaughtered at 800 kg live weight (455 kg carcase weight with 30 mm P8 fat depth) at 24 months of age, with a significant premium for steers that exhibit superior marbling.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd targeting pasture grown steers with a 250 day feedlot finishing period for the grain fed high quality, highly marbled markets. Steers are assumed to be slaughtered at 800 kg live weight (455 kg carcase weight with 30 mm P8 fat depth) at 24 months of age, with a significant premium for steers that exhibit superior marbling.
The $GN-L index is similar to the $GN index but is modelled on a production system where feed is surplus to requirements for the majority of the year, or the cost of supplying additional feed when animal feed requirements increase is low.
While the $GN aims to maintain mature cow weight, the $GN-L does not aim to limit the increase in mature cow weight as there is minimal cost incurred if the feed maintenance requirements of the female breeding herd increase as a result of selection decisions.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd targeting pasture finished steers. Steers are assumed to be slaughtered at 650 kg live weight (350 kg carcase weight with 12 mm P8 fat depth) at 22 months of age. Emphasis has been placed on eating quality and tenderness to favour animals that are suited to MSA requirements.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd targeting pasture finished steers. Steers are assumed to be slaughtered at 650 kg live weight (350 kg carcase weight with 12 mm P8 fat depth) at 22 months of age. Emphasis has been placed on eating quality and tenderness to favour animals that are suited to MSA requirements.
The $GS-L index is similar to the $GS index but is modelled on a production system where feed is surplus to requirements for the majority of the year, or the cost of supplying additional feed when animal feed requirements increase is low.
While the $GS aims to maintain mature cow weight, the $GS-L does not aim to limit the increase in mature cow weight as there is minimal cost incurred if the feed maintenance requirements of the female breeding herd increase as a result of selection decisions.
Genetic differences between animals in net profitability per cow joined in a commercial self replacing herd based in New Zealand that targets the production of grass finished steers for the AngusPure programme. Steers are assumed marketed at approximately 530 kg live weight (290 kg carcase weight with 10 mm P8 fat depth) at 20 months of age, with a significant premium for steers that exhibit superior marbling.
Genetic difference between animals in net profitability per cow joined in a situation where Angus bulls are being used as a terminal sire over mature breeding females and all progeny, both male and female, are slaughtered. The Angus Terminal Sire Index focusses on increasing growth, carcase yield and eating quality. Daughters are not retained for breeding and therefore no emphasis is given to female fertility or maternal traits.
The percentile bands represent the distribution of EBVs across the
BREED AVERAGE
BANDS TABLE
KO QUARTERBACK T387PV
KO PRIME MINISTER T380PV
KO PRIME MINISTER T409PV
PRIME MINISTER
KO QUARTERBACK T379PV
Notes: ANALYSE THE EBV’S OF THIS CURVE BENDING SIRE, LOW BIRTH TO HIGH GROWTH MAKE HIM A GREAT OPTION FOR HEIFERS, HE WILL ALSO ADD MILK, SC DOCILITY AND IMF TO HIS PROGENY, HE IS BRED FROM THE VICKY COW FAMILY THAT PRODUCED INTERBREED CHAMPION FEMALES AND AN AUSTRALIAN RECORD SELLING BULL.
KO QUARTERBACK T374PV
KO P550 PROSPECT T402PV
KO 672 FIREBALL T391PV
KO 672 FIREBALL T112PV
P117 BEASTMODE T128SV
KO R89 BEASTMODE T186PV
KO QUARTERBACK T102PV
KO QUARTERBACK T107PV
KO 672 FIREBALL T156PV
KO L519 INTENSITY T147PV
KO P15 PARATROOPER T150PV
Lot 3 NZC22T417 KO PRIME MINISTER T417 PV 22 months
Lot 6 NZC22T385 KO PRIME MINISTER T385 PV 23 months
Lot 18 NZC22T128 KO P117 BEASTMODE T128 SV 23 months
Lot 24 NZC22T124 KO P550 PROSPECT T124 PV 23 months
KO R89 BEASTMODE T180PV
KO 672 FIREBALL T148#
KO P15 PARATROOPER T113PV
KO R1031 LEUPOLD T162PV
VERSATILE U38PV
ET
PEDIGREE
KO DEADWOOD U216PV
DEADWOOD U224PV
KO PRIME MINISTER U300PV
Notes: LOOKING FOR A SIRE FOR YOUR HEIFERS? U300 IS PACKED WITH EYE APPEALING STLYE AND A GREAT CURVE
OF DATA, HIS ET SISTERS WERE STANDOUTS IN OUR HEART OF THE HERD FEMALE SALE SELLING
BROTHER LOT 68.
KO L519 INTENSITY U326PV
KO DEADWOOD U230PV
KO 672 FIREBALL U5PV
KO PARATROOPER U61PV
PARATROOPER U242PV
KO ALTERNATIVE U315PV
KO PRIME MINISTER U301PV
KO VERACIOUS U218PV
KO Q96 QUIXOTE U232PV
KO VERSATILE U27SV
KO VERSATILE U30PV
904 PACIFIC U45PV
KO ALTERNATIVE U310PV
VERSATILE U213PV
KO ALTERNATIVE U336PV
VERSATILE U225PV
KO 904 PACIFIC U217PV
KO VERSATILE U78PV
BALDRIDGE BRED, FEATURING THEIR BEST TWO COWS ISABEL Y69 AND BLACKBIRD A030.
Notes: A POWERFUL ROBUST DEADWOOD SON WITH TOP 1-2 % GROWTH FIGURES, HIS MATERNAL BROTHERS HAVE TOPPED OUR LAST TWO BULL SALES SELLING TO $100,000, ET BROTHERS SELL AS LOTS: 36, 37 & 51.
KO VERSATILE U3PV
July 2024 TransTasman Angus Cattle Evaluation
Notes: U3 BLENDS TOGETHER TWO OF THE HIGHEST IMF PROVEN AMERICAN SIRES WITH VERSATILE AND FIREBALL, HIS DAM IS OUT OF ONE OF OUR HIGHEST PERFORMANCE COW FAMILIES THE WILCOOLA’S, U3’S DAM IS THE MATERNAL SISTER TO OUR WILCOOLA N112 DONOR WHOS IS THE DAM OF LOTS 2, 3, 5, 7, 8 & 56.
NZCL75 KO MOONGARRA L75 SV DAM OF LOTS 36,37,51 & 73
NZCP24 KO ROSEBUD P24 PV DAM OF LOTS 39,46, 52, 69 & 71
NZCR94 KO WILCOOLA R94 PV MATERNAL SISTER TO LOTS 2, 3, 5, 7, 8 & 56
NZCN25 KO ROSEBUD N25 PV DAM OF LOT 1
NZCK127
1. Subject to any reserve price the highest bidder shall be the purchaser.
2. In the event of a dispute bid the auctioneer shall be the sole arbitrator and his decision shall be final.
3. The auctioneer may refuse to accept any bid which in his opinion is not in the best interests of the vendor without giving any reason therefore.
4. Where the vendor reserves the right to bid at the auction in respect of a lot and instructs the auctioneer to make more than one bid on his behalf, the auctioneer shall, prior to submitting the lot for sale by auction, announce in a clear and precise manner the number of bids reserved by the vendor in respect of that lot.
5. A bidder shall be deemed to be a principal unless, prior to bidding he has given to the auctioneer a copy of a written authority to bid for and on behalf of a person.
6. As soon as practicable after the fall of the hammer, the purchaser shall sign the agreement (if any) for sale. In the event that any lot is passed in unsold the highest bidder shall have the right of first refusal of the lot for one hour after the stock comprising such a lot has passed out of the sale ring.
7. Subject to anything specifically to the contract contained in either clauses 16 or 17 hereof the purchase money for stock agreed to be purchased shall become payable and responsibility for such stock shall be borne by the purchaser. All stock shall be paid for in cash before delivery and notwithstanding the auctioneer may require a purchaser at any time either before, during or after the sale to deposit with him the whole or any part of the purchase money.
8. Title to stock agreed to be purchased shall not pass to the purchaser until the full purchase money for same has been paid and in the event of delivery being made to or possession obtained by the purchaser or his representative prior to payment of all of the purchase money or any cheque given on account of same and the purchaser shall hold the stock in trust as bailee only for the vendor and (notwithstanding anything herein to the contrary) no property therein shall pass to the purchaser, who shall nevertheless be responsible for the safety thereof from the fall of the hammer and until such time as the purchase money is fully paid and shall not deal with the stock in any way whatsoever inconsistent with the title of the vendor.
9. Notwithstanding the giving of delivery or possession of stock sold, the vendor or his agent shall be at liberty to repossess the same at any time while the purchase moneys remain unpaid and for that purpose to enter upon lands or premises of the purchaser and if the purchaser shall neglect or fail to comply with any of these terms and conditions, any stock knocked down to him may be resold by public auction or private contract in such lots and such manner as the agent of the vendor may decide with or without notice at the purchaser’s risk, who will be held responsible for all loss and expense arising out of any such resale and who agrees to indemnify the vendor and the vendor’s agent with respect thereto and shall not participate in the profit (if any) accruing therefrom.
10. The right of the vendor to make not more than five bids is reserved.
11. All conditions and warranties expressed or implied by law (including those implied by statute but excluding such expressed or implied warranties which may be imposed upon the vendor, pursuant to the provisions of the Trade Practices Act 1973) are hereby excluded and subject as aforesaid all lots are sold with all faults or imperfections, if any, whether the same may be discoverable on inspection or not and no compensation shall be made in respect of any such fault or imperfection or any error of description or number in or of any lots sold or otherwise and no representation made by the auctioneer at the time of the sale shall bind the auctioneer or the vendor.
12. Any statement made by the vendor, the auctioneer or the nominated selling agents, whether in writing or oral, to the effect that any female has been pregnancy tested and is pregnant shall mean and require only that a certificate in writing shall be furnished by the vendor to the purchaser which shall be signed by a qualified veterinary surgeon certifying that the has pregnancy tested the said female on a date specified and that in his opinion the female was pregnant or that (being a date not more than six weeks preceding the date of sale).
13. No refund or commission will be made to the vendor by the selling agent on any sale cancelled after delivery has been made.
14. The auctioneer and selling agents shall be considered only the agents of the vendor and in all disputes the vendor and accordingly the full purchase price of each lot shall be payable by the purchaser to and be recoverable by the selling agents.
15. Subject as may be otherwise notified herein, the selling agents are selling as del credere agents for the vendor and accordingly the full purchase price of each lot shall be payable by the purchaser to and be recoverable by the selling agents..
16. Attention is directed to the provisions of the auctioneers Stock & Station * Real Estate Agents* Business Agents, 1941-1757 and also to Sections 178B and 178C of the Crimes Action 1900 and in particular to the material parts of Sections 45 and 85C of the Auctioneers and Agents Act 1941-1980 warning as follows
Section 45:
It is an offence against the Auctioneer and Agents Action 1941 for any person to engage in or to induce or attempt to induct another person to engage in any collusive practice which may hinder free and open competition at an auction sale whether by:
(a) restricting the bidder;
(b) abstaining from bidding; or
(c) any other activity which may hinder free and open competition.
Section 85C:
The actual successful bidder at any auction sale must give to the auctioneer or an employee of the auctioneer on the day of the auction his name, or where he acts as an agent, the name of his principal. It is an offence not to do so.
17. Sale Subject To Veterinary Testing:
Notwithstanding the provisions of clause 7 hereof and subject to any express agreement of the contract between the vendor and the purchaser prior to sale, the sale of any stock shall be subject to that stock passing such veterinary test or tests as may be necessary to enable the stock to be transported to such destination as may be required by the purchaser. The purchaser shall bear the risk and responsibility for such stock as may require veterinary testing immediately upon the satisfactory completion of such testing at which time the purchase money for same shall become immediately payable. In the event that such tests are not satisfactorily concluded, the sale shall be deemed not to have taken place and neither party shall have any claim for damages or compensation of any kind whatsoever against the other. The costs of all tests shall be borne by the purchaser upon such tests being satisfactorily concluded and otherwise by the vendor.
18. Notwithstanding any agreement custom rule or usage relating to the liability of agents to principals in respect of payments for stock sold at auction, if any stock shall be sold to a purchaser normally resident outside Australia or to another person acting on behalf of such a purchaser, the agent shall not be liable to pay the vendor the proceeds in respect of such sale unless and until the agent shall have been paid in full by the purchaser, In the event of such stock being resold pursuant to the conditions of sale, the agent shall not be liable for any resulting deficiency.
