Parties promise housing breaks, tax cuts; auction rates tumble; Prada buys Versace

Monday 14 April 2025

Federal Labor and the Liberal Party launch their election campaigns, promising tax cuts and big benefits for first home buyers. 

And more, including:

• Auction clearance rates tumble as the financial market chaos hits the home market. 
• Prada buys Versace as luxury fashion houses struggle. 
• Plus the local market set to open higher today, and why arguably the world’s greatest footballer is suing his club for $110 million. 

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