Australia news live: auction clearance rates continue to hover under 50% as Chalmers defends tax reform plan
Follow the day’s updates live Get our breaking news email , free app or daily news podcast Big tech not cooperating ‘as much as we’d like them to’: Watt Federal cabinet minister Murray Watt , says the government knows it’s needed to take more action to ensure social media giants are complying with a ban for under 16s that came into effect in December. These laws were brand new, never developed anywhere in the world. And what we’ve learned is that the powers that the safety commissioner has do ne
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30m ago20.29 EDTAuction clearance rates remain below 50% nationallyCircling back to the treasurer’s appearance on Insiders, Jim Chalmers was quizzed over falling housing prices in the market – good news for those hoping to enter the market.He was asked if there was a point at which the federal government would be concerned prices have come down too far, for instance, a 10% drop.He said Labor wasn’t targeting a “particular price” or a “particular percentage” but it was right the market had softened, “though not uniformly”.
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