Channel Nine boss explains the real reason why The Block auction bombed

The Block: Tree Change finished up with one of the wildest finale in the show’s 18-year history.

The final auctions saw heartbreak and triumph for the five teams – with Omar and Oz offloading their reno to frequent buyer Danny Wallis for $5,666,666, walking away with a record-breaking profit of $1.6million.

Rachel and Ryan placed second with earnings of $169,000, while Tom and Sarah-Jane pocketed just $20,000.

Jenny and Dylan’s home was passed in, as was Sharon and Ankur’s, although the latter couple was able to secure a private sale less than a week after the auction.

Nine Programming Director Hamish Turner told TV Tonight that many of the couples didn’t stand in chance selling their homes in the current market. 

The Block: Tree Change has finished up with one of the wildest finales in its 18-season history - and now a Channel Nine boss has revealed why he thinks the auction really bombed

The Block: Tree Change has finished up with one of the wildest finales in its 18-season history – and now a Channel Nine boss has revealed why he thinks the auction really bombed 

‘I think we have to acknowledge the fact that we’ve had about five or six interest rate rises this year, between when the show went into production and the auction,’ he said.  

‘We’ve seen a very challenged market across the board. So I think there’s some environmental reasons why we saw the result we saw.’

Fans were angry that this year’s auctions were dominated by wealthy philanthropists and advocates for multi-millionaires.

Turner said audiences had every right to be furious that the homes were either sold for over $5million or scrapped from the auction all together.

Nine Programming Director Hamish Turner told TV Tonight , 'I think we have to acknowledge the fact that we've had about five or six interest rate rises this year, between when the show went into production and the auction. Pictured: Ankur Dogra and Sharon Johal

Nine Programming Director Hamish Turner told TV Tonight , 'I think we have to acknowledge the fact that we've had about five or six interest rate rises this year, between when the show went into production and the auction. Pictured: Ankur Dogra and Sharon Johal

Nine Programming Director Hamish Turner told TV Tonight , ‘I think we have to acknowledge the fact that we’ve had about five or six interest rate rises this year, between when the show went into production and the auction. Pictured: Ankur Dogra and Sharon Johal

‘Yeah, it’s a valid point. We obviously always listen to the audience and try and look to ways in which we can can remedy that,’ he said.

‘But I think the journey sometimes is a lot of where the joy comes from, as well.’

The next season of The Block will return to Hampton, a ritzy suburb in Melbourne where the 2021 season was filmed.

The Block co-host Shelley Craft recently explained there will be plenty of scandals in store for the new season which will be filmed in Hampton, a ritzy suburb in Melbourne where the 2021 season was filmed

The Block co-host Shelley Craft recently explained there will be plenty of scandals in store for the new season which will be filmed in Hampton, a ritzy suburb in Melbourne where the 2021 season was filmed

The Block co-host Shelley Craft recently explained there will be plenty of scandals in store for the new season which will be filmed in Hampton, a ritzy suburb in Melbourne where the 2021 season was filmed

Speaking exclusively with Daily Mail Australia, host Shelley Craft explained there will be plenty of scandals in store for the next series. 

‘We have to go bigger and better every year… God, help next year’s contestants!’ she said. 

‘Look, there’ll certainly be twists and turns. You can’t really go from what we’ve just created backwards.’

‘I don’t know what the producers have in mind,’ Shelley added. ‘It’ll certainly be a wonderful ride. And the casting is always sensational – Lucky Price, our casting director, does the most phenomenal job in finding great Aussies that are just willing to give it a crack. 

The TV presenter said she's thankful she didn't have to participate in any renovations, after brutal bad weather left some team's rooms unfinished during challenges

The TV presenter said she's thankful she didn't have to participate in any renovations, after brutal bad weather left some team's rooms unfinished during challenges

The TV presenter said she’s thankful she didn’t have to participate in any renovations, after brutal bad weather left some team’s rooms unfinished during challenges 

Source: | Dailymail.co.uk