Melbourne Auction Results | 7th September 2019

Melbourne Auction Results | 7th September 2019

Melbourne recorded a 74 percent clearance rate during Saturday’s auctions. It slipped from the previous 81 percent two weekends ago, considered the highest since April 2017. More listings were noted with the total scheduled auctions at 704 and confirmed results...

Rates on hold for September

  The RBA has kept the official interest rate on hold at its historic low of 1.0%. This comes after the RBA cut interest rates in June and July this year. Before that, the cash rate had sat at 1.5% for the better almost 3 years. RBA governor Philip Lowe said...