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The number of dwellings approved in Australia fell by 3.2% in January, in trend terms, according to data released by the Australian Bureau of Statistics (ABS) on Monday.
Auction volumes slightly slowed last week, with only 2,204 homes across capital cities going under the hammer during the week ending March 3.
The Labor Party has announced that it will impose a $640 million tax on the country’s largest banks if it wins a national election by May, according to a report by Reuters.