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Property auction clearance rates collapse nationwide

2 min · 29. Juni 2026
Episode Property auction clearance rates collapse nationwide Cover

Beschreibung

Auction clearance rates have fallen below 50% across Australia, with Sydney and Melbourne experiencing their weakest results since the COVID pandemic. The decline is attributed to multiple factors including three Reserve Bank interest rate increases, affordability constraints, and economic uncertainty from the Middle East conflict affecting energy prices. Research indicates a nationwide downturn in home values is likely, with historical data suggesting Australian property downturns typically last less than 12 months with peak-to-trough declines ranging from 3% to 8%. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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Episode Thousands to access life-changing medicines for $7 Cover

Thousands to access life-changing medicines for $7

From July 1, tens of thousands of Australians will gain access to new and expanded affordable medicines through the Pharmaceutical Benefits Scheme, including treatments for severe asthma, type 1 diabetes, growth deficiencies, muscle damage, breast and lung cancer, and anaphylaxis. Neffy, a nasal spray form of adrenaline, will be available for the first time as an alternative to EpiPen injections for approximately 150,000 Australians at risk of anaphylaxis. However, drug companies are removing some medications from shelves due to pricing disputes with the government, particularly impacting rare cancer patients who must fundraise for essential treatments. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

29. Juni 20262 min