Falling house prices push new car sales lower

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By Leith van Onselen

The Federal Chamber of Automotive Industries (FCAI) latest monthly sales data revealed that new car sales fell 5.5% in September from September 2017:

According to the FCAI release:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.