Australia’s softening housing market continued to weaken in November 2018, with year-end approvals down 3.9% compared to a year earlier. All of the weakness is in the multi-residential are…

Sure signs of the long-awaited easing continued in December, as reported domestic sales of sawn softwood products slumped 31.9% compared to the prior month and sales for 2018 fell 1.7% compa…

The number of people employed in Australia rose to 12.671 million over the year-ended October 2018, a rise of 2.5% compared to the prior year. An additional 32,800 people were employed in Octo…

since May of 2001, and falling 0.6% compared with the prior month. As the chart below shows, the value of loans for Alterations & Additions has declined steeply since peaking in late 2017…

Investors continue to step out of the housing finance market, accounting for 42.4% of total loans in September 2018. Compared to the 49.2% record in January 2017, the decline in the role of inv…

Although not yet observable on an annualized basis, Australian dwelling approvals are progressively softening. Over the year-ended September, Australia’s total approvals reached 227,…