Over the year-ended June 2021, Australia’s dwelling approvals exploded 26.5% to 218,356 separate approvals. Led by a stunning 41% increase in approvals for new detached houses, the demand…

If inflation measures prices, what prices exactly? How reflective of our real expenditure is the Consumer Price Index (CPI)? Traditionally, the CPI has been measured a fixed basket of goods…

Australia’s annualised inflation rate – the Consumer Price Index (CPI) lifted to a thirteen year high at 3.8% year-ended June 2021, after collapsing to -0.3% just a year earlier. Is the infla…

Australia’s softwood log exports continued to slide in May, with year-end exports totalling 2.808 million m3, down 18.3% on the prior year as India continued to dominate the ‘post-China’ ma…

Imports of sawn softwood lifted 4.5% over the year-ended May 2021, to total 551,994 m3, as importers do all they can to bridge the current demand-supply gap. Despite a monthly increase of 34% i…

Australia’s unemployment rate in June dipped to 4.9%, amounting for 679,100 people being unemployed. Just a year earlier, at the height of the pandemic, there were 982,800 people unemploye…

Housing loans lift as investors step back in Home loans valued $32.56 billion were booked in May, lifting 4.9% on the prior month, as investors flexed financial muscle and lifted the value of t…