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Clearance rates across capital cities rose during the first quarter, with Sydney posting the highest quarterly clearance rates, according to the latest CoreLogic Quarterly Auction Market Review.
Greater Hobart is set to benefit from the opportunities the Antarctic and the Southern Ocean present through a City Deal supported by both the federal and Tasmanian governments.
The Reserve Bank of Australia (RBA) said in the minutes of its April monetary policy meeting that a decrease in interest rate would likely be appropriate if inflation does not increase and unemployment tracks upward.
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