Treasurer Jim Chalmers defends housing measures amid falling auction clearance rates
Treasurer Jim Chalmers defended the Budget’s housing measures on Wednesday, disputing Housing Minister Clare O’Neil’s claim of a market correction amid falling auction clearance rates. He noted that recent data showed auction rates had dropped to their lowest since early COVID lockdowns. Chalmers warned against jumping to conclusions based on just six weeks of volatile market.
Summary by OZbrief Editorial · The West Australian · Source
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Published 24 Jun 2026, 08:35 UTC · Updated 24 Jun 2026, 08:40 UTC
Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections
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