Tax time nears, inflation eases — and property loses momentum
Australia's property market weakened as auction clearance rates fell to 47.7 percent, the lowest since April 2020. Simultaneously, inflation eased to 4 percent, but underlying inflation rose to 3.6 percent, indicating persistent economic pressures. The Australian Taxation Office advised taxpayers to delay filing returns until late July to avoid errors commonly made in early submissions.
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Published 27 Jun 2026, 01:24 UTC · Updated 27 Jun 2026, 01:30 UTC
Summary by OZbrief Editorial. Original report: SBS News – Australia. Editorial policy · Corrections
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