Australia politics live: Haines and Ryan rule themselves out from potential teal party as Turnbull points to political ‘vacuum’ left by Liberals


Haines and Ryan rule themelves out from potential teal party

Well we now know which independents are definitely not going to be joining any teal party – Helen Haines and Monique Ryan.

Ryan has just released a statement saying that she made a commitment to her electorate of Kooyong in inner Melbourne to represent them as an independent.

double quotation markRepresenting the people of Kooyong in Canberra has been one of the biggest honours of my life. I will continue to do that in the capacity in which I was elected: as a community independent, voted for and answerable to the people of Kooyong.

Australia politics live: Haines and Ryan rule themselves out from potential teal party as Turnbull points to political ‘vacuum’ left by Liberals
Monique Ryan in 2025. Photograph: Joel Carrett/AAP

A spokesperson for Haines also confirmed to Guardian Australia that she will not be joining any party, and will remain as an independent.

Haines was an early community independent after being elected to the regional Victorian seat of Indi in 2019, succeeding the OG community independent, Cathy McGowan, who held that same seat from 2013 and retired in 2019.

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Luca Ittimani

Luca Ittimani

House prices slipping as auction and open home interest fades

Australia’s house prices are slipping as the market slows, with auction success rates and open home attendance stuck at their recent lows

The national auction clearance rate was 58.2% in the week to Sunday, Cotality reported. It has held below 60% for much of the past two months, indicating housing has become more of a buyer’s market.

Sydney and Melbourne auction success rates picked up from last week but are still lower than they were a year ago, respectively at 56.9% and 60.2%.

Brisbane recorded a preliminary 45.7%, meaning more than half of reported auctions failed. Domain data for the week to Saturday found Brisbane’s rate was even lower, at 22%, with almost four in five auctions failing.

Real estate group Ray White reported interest is falling, with the number of people attending open homes staying at low levels. Ray White’s chief economist, Nerida Conisbee, said:

double quotation markThe most important signal remains open home attendance. Nationally, attendance averaged 2.1 attendees per property, broadly in line with last week, but well below 3.5 at the same time last year. This shows buyer foot traffic has not recovered after the sharp fall seen in recent weeks …

With policy uncertainty still settling, interest rates higher and buyer attendance materially lower than a year ago, this softer demand environment is likely to persist for some time.

Cotality home value data shows the median home price in Australia’s five biggest cities has been falling since 10 May, with growth slowing in Brisbane, Adelaide and Perth. Sydney and Melbourne prices have been falling for months.

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