RBA Raises Cash Rate to 15-Year High Amid Weak Auction Demand
Australia's central bank has raised interest rates to a 15-year high, and home auction clearance rates have stayed below 50% for two weeks as buyer demand weakens, though household spending is still growing.
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| Oct 13, 7:00 AM | theguardian.com | The RBA keeps hiking interest rates – but are the rate rises actually working? |
| Oct 10, 4:56 PM | bloomberg.com | Australia Home Auction Clearance Rate Stuck Below 50% for Second Week |
Editorial review
- remove 2026-10-13 — removed “Australia Home Auction Clearance Rate Stuck Below 50% for Second Week”. Weekly auction clearance data is a separate item