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Annualised economic growth – measured by Gross Domestic Product (GDP) – stumbled through to a seasonally adjusted 1.4% in 2018-19, with June Quarter economic growth staggering to 0.5%, ass…

  • News

In August 2019, 12.926 million people were employed in Australia, up 2.5% on a year earlier and with 34,700 more people in work than a year earlier. At the same time, the number of unemployed peo…

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New Zealand’s total log harvest in 2018-19 was 34.822 million m3, a rise of 5.4% on the prior year, as harvest of Export Logs lifted 11.8% to a record 22.736 million m3. As a proportion of the tota…

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Despite being significantly lower than a year earlier, Australia’s imports of sawn softwood products recovered ground in July compared with June’s decadal low import volume. At 45,589 m3,…

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Sales of domestically produced softwood Packaging grades lifted 4.1% over the year-ended August 2019, totalling 570,874 m3. The result has quite literally pushed the annualised line off t…

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Annualised sales of domestically produced sawn softwood products declined for the ninth consecutive month in August 2019, slipping to 2.819 million m3, down 11.3% on the year-ended August…

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Lending for housing finance expanded 5.1% in July 2019, compared with the prior month, lifting to AUD17.896 billion as lending to Owner Occupiers lifted by 5.3% to AUD13.253 billion. The val…

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The downturn in residential dwelling approvals continued in July, with monthly approvals falling 2.6% compared with June. On a year-end basis, approvals for all dwellings were down 21.5% o…