Australia’s sawn softwood imports lifted to 48,651 m3 in February 2021, a six-month high and a rise of 18.5% on January’s imports. February’s average import price was AUDFob531/m3, stable w…

Australia’s domestically produced sawn softwood sales totalled 3.144 million m3 year-ended February 2021. Up 0.7% on the prior month and a very solid 10.0% on the prior year. It must be antic…

Australia’s unemployment rate dipped to 5.6%, in March 2021, continuing the employment recovery, as the economic bounce-back from the pandemic continues. Down from 5.8% the prior month, t…

Even at the end of December, work in the housing pipeline had lifted massively – and has only increased since then. The pipeline of housing construction work is full to bursting right now, with…

It is inevitable that, when new dwelling approvals are skyrocketing, lending activity will also be climbing. That is why there is only a little surprise that Australia’s lending finance is f…

Australian housing prices are driven, almost exclusively it seems, by the level of interest rates. Latest data, from the RBA point to that, and models developed by an investment firm confirm…

Dwelling approvals continued their growth in February 2021, with total approvals up 23.4% on February 2020, totalling 18,931 separate approvals. Detached house approvals drove that incr…

In recent articles, I have taken to using musical references to try and make sense of the economic data. GDP was up +3.1% for the Dec 20 quarter which was a very strong result and builds on the incr…