The pandemic means, among many other things, that Australia’s wages growth projections will not be met in 2020 or likely for some time into the future. The issue with low wages growth is that it…

April 2020 saw almost 600,000 fewer people in jobs than a month earlier, as employment fell 3.1% compared with a year earlier. At the same time, the number of unemployed people lifted 104,500,…

Imports of sawn softwood fell 47.5% over the year-ended March, tumbling to 475,109 m3. Over the same period, the average price of sawn softwood products tracked 6.9% higher to AUDFob543/m3 y…

Australia’s exports of softwood logs continued over recent months, but the pattern of exports has changed, with larger logs (15cm) less likely to be exported and smaller logs (,15cm) fillin…

Despite expectations of a major fall in dwelling approvals in April, the pipeline of commitments fed more supply into the market, with a total 15,294 dwellings approved, on a seasonally adju…

The value of building work done in the Mach quarter was down for most sectors, but the value of work on alterations and additions grew for the third successive quarter. It is important not to hav…

Australia slipped into recession at some point in the last few months, with the March quarter economic growth data showing the economy contracted by 0.3%. One quarter of negative growth is no…