Australia news live: housing market slows but rents surge; Penny Wong hails South Korea energy pact

Advertised prices for new rental listings rising at fastest pace since October 2024. Follow updates Get our breaking news email, free app or daily news podcast House prices may be slowing but rents are rising at their fastest since October 2024, adding to inflation pressure ahead of the Reserve Bank’s next interest rate decision on Tuesday. Advertised prices for new rental listings are rising at their fastest pace since October 2024, with Cotality data showing they picked up 5.7% over the ...

By Martin Farrer