Borrowers and investors brace for rates call | Auction clearance rates fall | Art treasures for sale

Financial markets are pricing in a 95% chance the RBA will deliver its fourth rate rise of the year on Tuesday; auction clearance rates have hit a 10 week low, down more than 18 percentage points compared to the same time last year; and a contemporary art collection including works by Andy Warhol and Pablo Picasso is tipped to fetch more than 226 million dollars when it goes under the hammer at Christie’s next month.

#ratescall #RBA #auctions #australianpropertymarket #artauction #picasso

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