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GDP remains in positive territory (just)
  • FWPA
  • News

The RBAs current interest rate settings aimed at constricting demand, and in turn economic activity, is working to the extent that growth in the March quarter was an indiscernible 0.1%. Remo…

May’s annualised inflation rate a shocker
  • FWPA
  • News

Reported in May, Australia’s annual inflation rate shifted up a gear, with the headline inflation rate lifting to 4.0% from 3.6% in April. This is the latest in the ABS’ publication of a useful…

Housing approvals – finally see some sunshine
  • FWPA
  • News

After declining for the last two years and flattening out in recent months, Australia’s dwelling approvals appear to have bottomed out. Over the year-ending May 2024, approvals were 163,23…

SPOTLIGHT_ WA Where the booms and busts of mining impact the housing sector
  • FWPA
  • News

Western Australia’s economy is driven by the mining industry. That includes the housing sector, where the booms and busts of mining feed the market for housing in a way that is … different. In 2…

Housing finance down in May
  • FWPA
  • News

Lending for housing declined 1.7% on the previous month in May, falling to $28.8 billion. However reflecting the underlying strength of the property market and the growth in established rea…

Employment holding up
  • FWPA
  • News

The peculiarities of the Australian economy continue to present themselves, with a weak economy lifting around 9,000 people off the unemployment line in May, as the jobless rate fell from 4.…

Sawn softwood imports show continued improvement since January
  • FWPA
  • News

Imports of sawn softwood in May, continued to show improvement in volumes since the start of the year, with prices appearing relatively stable. Year-ending May 2024 imports were 555,899 m3 d…

Global chip trade moderates but hardwood price remains stable
  • FWPA
  • News

After slipping back in March, global woodchip deliveries to China continued to soar while Japan slipped back in April, with hardwood chip deliveries down 2.0% into Japan (0.760 Mbdmt) and up…