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Auction Clearance This Week 22 OCT 2023

Auction Clearance This Week 22 OCT 2023
The Australian real estate market continues to buzz with activity, with most of the auctions held in Melbourne. Melbourne lead the auction clearance this week 22 Oct 2023 in total auctions across all capital cities. The buyers were out in October before the Melbourne racing cup and Christmas holidays. Buyers are enjoying the warm weather and fully utilizing their last chance to snap a property before RBA raises interest rates in Nov 2023

Victoria’s Record Breaking Earthquake Shaking Grounds

Victoria’s Record Breaking Earthquake Shaking Grounds
In the quietude of the night, thousands of Victorians were jolted from their slumber as the earth beneath them quivered and rumbled. An earthquake, with a magnitude of 5.0, struck near the picturesque Great Ocean Road, leaving its indelible mark on the region. This seismic event, accompanied by a magnitude-3.6 aftershock, has sent shockwaves through the area and captured the attention of experts and residents alike. Both these events were Victoria's Record Breaking Earthquake Shaking Grounds for residents in their sleep.

The High Court’s Verdict on cancelling Victoria’s EV Tax

The High Court’s Verdict on cancelling Victoria’s EV Tax
The state of Victoria in Australia introduced a 2.5 cents per km charge for electric vehicles using public roads in the year 2021. This was introduced to compensate for the loss of fuel excise revenue from the shift towards electric vehicles. This was a slap on the face of buyers who were buying the idea to reduce carbon emissions by buying an electric vehicle. Well on 18th Oct 2023 the high court's verdict on cancelling victoria's EV tax was a slap on the wrist of Victorian government trying to behave irrational by stepping above the law of nation and abusing with constitutional rights of Victorians.

Netherlands shocked SA in a historic win in CWC 2023

Netherlands shocked SA in a historic win in CWC 2023
The Netherlands achieved a historic victory at the Cricket World Cup by defeating South Africa with a remarkable performance in Dharamshala. Captain Scott Edwards played an unbeaten inning of 78 runs as the Dutch team shocked a Proteas side that had appeared impressive in their previous matches, winning by 102 and 134 runs against Sri Lanka and Australia. Netherlands shocked SA in a historic win in CWC 2023 with an unexpected performance in Dharamsala.