What we learned, 3 November 2024
With that we’re wrapping up the blog. Before we go, here are the major stories from Sunday:
The prime minister, Anthony Albanese, has pledged to cut a fifth of all student debt if his government is re-elected.
The prime minister has also announced that his government will make Tafe free across the country as part of a broader push to reform the education sector.
Two men have been charged after a bushfire in Adelaide on Saturday.
Former US ambassador and former treasurer Joe Hockey says the re-election of Trump would be good for Australia.
The Coalition has criticised the Labor government’s pledge on student debt as a “cash splash”.
The Greens have responded to Albanese’s student debt announcement by claiming credit for the policy and asking, why wait?
Unclaimed Myki credit is now sitting at $115m.
We’ll pick things up again tomorrow.
Updated
Auction activity across the country falls
Auction activity has dropped this weekend with 1,983 auctions to be held.
This is a steep fall on the 3,135 held last week and roughly similar to the 2,023 that occurred at the same time last year.
Based on results collected so far, CoreLogic’s summary found that the preliminary clearance rate was 63.4% across the country, which is lower than the 66.8% preliminary rate recorded last week and slightly below the 63.8% actual rate on final numbers.
Across the capital cities:
Sydney: 744 of 1,056 auctions with a preliminary clearance rate of 65.5%
Melbourne: 378 of 473 auctions with a preliminary clearance rate of 62.4%
Brisbane: 128 0f 182 auctions with a preliminary clearance rate of 58.3%
Adelaide: 82 of 173 auctions with a preliminary clearance rate of 73.8%
Canberra: 58 of 94 auctions with a preliminary clearance rate of 55.2%
Tasmania: No auctions held.
Perth: Three of 15 auctions held.
Updated
