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The Guardian - AU
The Guardian - AU
National
Royce Kurmelovs

AFP seize 48kg of cocaine and methamphetamine at Sydney airport – as it happened

Australian federal police logo
The AFP have seized millions of dollars in cocaine and methamphetamine at Sydney airport over two days. Photograph: Getty Images

What we learned, 29 September 2024

With that we’re wrapping up the blog. Before we go, here are the major stories from Sunday:

We’ll pick things up again tomorrow.

Updated

Clearance rates down as auction activity slows nationally

Auction activity has dropped this weekend with 1,828 auctions to be held. This is lower than the 2,781 auctions held last week, but a substantial improvement on the 1,198 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 64.5% across the country, which is lower than the 68.2% preliminary rate recorded last week but well above the 60.7% actual rate on final numbers.

Across the capital cities:

  • Sydney: 895 of 1,195 auctions with a preliminary clearance rate of 66.1%

  • Melbourne: 187 of 237 auctions with a preliminary clearance rate of 56.7%

  • Brisbane: 111 0f 151 auctions with a preliminary clearance rate of 55%

  • Adelaide: 71 of 130 auctions with a preliminary clearance rate of 74.6%

  • Canberra: 73 of 103 auctions with a preliminary clearance rate of 65.8%

  • Tasmania: One auction to be held.

  • Perth: Four of ten auctions held.

Updated

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