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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

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