Australia’s retail sales rose 0.3% in March 2019, ahead of expectations that averaged 0.2%. However, the underlying data – the volume of sales – were down 0.1% in the March quarter. Significa…

Australia’s unemployment rate moved up to 5.2% in April 2019, as the number of people seeking employment rose to 703,900, the highest level in 9 months. As a result of the increased participat…

The value of Australia’s imports of sawn softwood products was 10.6% higher over the year-ended march 2019, compared to the prior year. Total value remained just above AUD451.3 million, but…

ABARES quarterly forecasts show that the main locally produced structural softwood grades exceeded forecasts for the March quarter, with the Treated Structural grade 2.8% higher than the…

Carefully watched housing finance data offers some mixed messages from the outlook perspective at the moment, with first home-buyer lending continuing to grow, the value of investor loans…

Having ridden the wave of the mineral’s sector construction boom, the Western Australia housing market contracted sharply from late 2014 and has fallen lower and lower for almost five years…

Australia’s residential dwelling approvals declined below 200,000 units per annum for the first time in three years, over the year-ended March 2019. Approvals fell 13.2% compared to the pr…

In his strongest signal of his still early leadership of the Reserve Bank of Australia, Governor Philip Lowe looks set to move interest rates to a new record low at the Bank’s June Board meeting…