Blogotariat

Oz Blog News Commentary

Auction market “surprisingly strong” following rate hike

February 8, 2026 - 10:20 -- Admin

The Reserve Bank of Australia’s (RBA) decision to hike the official cash rate by 0.25% last week has failed to dampen buyer enthusiasm in the housing market. According to Cotality, the nation’s preliminary auction clearance rate rose to 73.7%, up from 69.7% last weekend. It was also significantly higher than the 64.2% preliminary clearance rate

There will never be a better time for budget and economic reform

February 8, 2026 - 09:43 -- Admin

All of a sudden, the planets have aligned.  Something both sides of Australian politics have been able to shunt off into the ‘politically too hard’ basket for much of a generation is now eminently doable. All that is required is data, some integrity in interpreting that data, and the political cojones to stand and deliver.