Nat Cabinet meets amid fuel crisis; housing market tumbles; EV sales surge

Monday 30 March 2026

National Cabinet is set to meet amid soaring fuel prices and falling equity markets. 

• Auction clearance rates hit their lowest level since 2022
• Electric vehicle purchases in Australia almost double since the outbreak of the Middle East conflict
• Wall Street tech stocks plummet on the back of AI concerns
• Aussies’ $83 billion online splurge

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