What we learned, 15 September 2024
With that we’re wrapping up the blog. Before we go, here are the major stories from Sunday:
Tech billionaire Elon Musk has continued his attacks on the Australian government with another post attacking Anthony Albanese.
Shadow finance minister, Jane Hume, has pledged a re-elected Coalition will not cut social services and labelled any suggestion to the contrary as “idiotic”.
Hume also claimed that the Coalition’s nuclear plan would bring down household power prices, but would not be drawn on the policy’s costs.
The Greens say Labor has “offered absolutely nothing” during negotiations over a housing bill due to hit the Senate this week.
Both major parties have committed to continuing Queensland’s 50c public transport fares scheme indefinitely.
A woman has been killed by a falling tree branch as strong winds hammer New South Wales.
We’ll pick things up again tomorrow.
Updated
Auction activity this weekend
Auction activity has remained stable this weekend with 2,387 auctions to be held.
This is up on the 2,112 auctions held last week and roughly on par with the 2,314 auctions that occurred at the same time last year.
Based on results collected so far, CoreLogic’s summary found that the preliminary clearance rate was 69.4% across the country, which is lower than the 71.4% preliminary rate recorded last week but well above the 63.2% actual rate on final numbers.
Across the capital cities:
Sydney: 637 of 864 auctions with a preliminary clearance rate of 70.6%.
Melbourne: 815 of 1,114 auctions with a preliminary clearance rate of 68.5%.
Brisbane: 126 0f 172 auctions with a preliminary clearance rate of 64.2%.
Adelaide: 73 of 153 auctions with a preliminary clearance rate of 82.2%.
Canberra: 40 of 65 auctions with a preliminary clearance rate of 52.5%.
Tasmania: Four held.
Perth: Five of 15 auctions held.
Updated