Chalmers walked back O’Neil’s acknowledgement that there is a housing price correction under way as auction clearance rates plummet on Labor’s tax changes.

Housing Minister Clare O'Neil says Australia's housing market is experiencing a correction following COVID amid low auction clearance rates in major capital cities. Follow live.

Chalmers walked back O’Neil’s acknowledgement that there is a housing price correction under way as auction clearance rates plummet on Labor’s tax changes.