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AAP
AAP
Politics
Jacob Shteyman

Labor happy with softer housing market since budget

Clare O'Neil says she wants a level playing field between first-home buyers and investors. (Susie Dodds/AAP PHOTOS)

Softer auction rates are a sign tax changes in the federal budget are making things easier for first home buyers, the housing minister says, as Labor weathered another day of criticism from investors and entrepreneurs.

Auction clearance rates held below 60 per cent nationally for a second straight weekend following the budget, according to property data firm Cotality.

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