Auction clearance rates are below 50 per cent for the eighth straight week, the property market is weakening due to new tax policies announced on budget night. Plus, the world's largest cryptocurrency bitcoin has fallen below $US60,000.

<p>Auction clearance rates are below 50 per cent for the eighth straight week, the property market is weakening due to new tax policies announced on budget night. Plus, the world's largest cryptocurrency bitcoin has fallen below $US60,000.</p>

As the market closes each day, Ross Greenwood brings you breaking business news you can’t afford to miss.

<p>As the market closes each day, Ross Greenwood brings you breaking business news you can&rsquo;t afford to miss.</p>

Business Now with Ross Greenwood

Business Now | 29 June

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