An increase in confidence in Australia's housing market could help ward off a slowdown in the country's economy.
Data from CoreLogic has found the auction clearance rate at the weekend in Sydney increased to 78 per cent, a rise of six per cent from the week prior. The increase follows a drop in interest rates to a record low of one per cent, followed by the passing of the government's income tax cuts through parliament.
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HIA_au HIA is biased! Abbruzzese (see pic) is HIA, and led efforts to cover up findings. Wh you? Dodgy HIA contracts.