What we learned, 22 September 2024
With that we’re wrapping up the blog. Before we go, here are the major stories from today:
Anthony Albanese has declared that the Quad grouping will endure in his opening address at the international summit in Delaware.
Health minister Mark Butler has flagged the prosecution of illegal vape sellers who seek to defy a government ban.
Federal treasurer Jim Chalmers says inflation has “roughly” halved since Labor took office.
Albanese met Indian prime minister Narendra Modi on the Quad summit sidelines.
Joe Biden has been caught on hot mic telling Albanese and other Quad leaders that China is “testing us”.
Thank you for staying with us, we’ll pick things up again tomorrow.
Updated
Homes go on the block
Auction activity has increased this weekend, with 2,697 auctions.
This is growth on the 2,457 held last week and a modest gain on the 2,648 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 68.2% across the country, which is a small jump on the 66.1% preliminary rate recorded last week but well above the 62.5% actual rate on final numbers.
Across the capital cities:
Sydney: 713 of 995 auctions with a preliminary clearance rate of 70.3%
Melbourne: 925 of 1,274 auctions with a preliminary clearance rate of 68.3%
Brisbane: 95 0f 134 auctions with a preliminary clearance rate of 56.8%
Adelaide: 114 of 206 auctions with a preliminary clearance rate of 74.6%
Canberra: 37 of 71 auctions with a preliminary clearance rate of 48.6%
Tasmania: One auction
Perth: Seven of 16 auctions
Updated
