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Cash Rate Target for June 2023
RBA has announced an increase in the cash rate target by 25 basis points. The cash rate target for June 2023 sits at 4.10 per cent.
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Melbourne Auction Results – Week Ending 4th June 2023
Melbourne’s Auction results for week ending 4th June 2023: Total Auctions: 750. From CoreLogic’s preliminary data obtained 6th June 2023: Clearance rate: 75.8%.
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Melbourne Auction Results – Week Ending 28th May 2023
Melbourne’s Auction results for the week ending 28th May 2023: Total Auctions: 858; Auction Results (via CoreLogic): 708; Clearance rate: 77.1%.
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2023-2024 State Budget: Land Tax Rate Changes
Victoria’s 2023-2024 State Budget (released Tuesday, 23 May 2023) introduced a COVID Debt Repayment Plan with big changes to land tax rates.
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Melbourne Auction Results – Week Ending 21st May 2023
Melbourne’s Auction results for the week ending 21st May 2023: Total Auctions: 834; Auction Results (via CoreLogic): 696; Clearance rate: 74.4%.
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