Behavioural economist, Professor Richard Thaler of the University of Chicago has won the 2017 Nobel Prize for economics. Famous for the ‘Nudge’ concept in economics, Thaler was awarded the…

Total sales of domestically produced sawn softwood rose 1.1% for the year-ended September 2017, reaching 3,134,400 m3. Although increases were widespread, and for some grades were higher…

Foreign flat-pack imports make up approximately 15% of the total household joinery fitted in Australia each year, according to a new study commissioned by Forest and Wood Products Australi…

Except when it was each of us seeking a first home, it has never been tougher to get your first home, even though the interest rate conditions have never been better. There was a loud cheer in most…

After mounting something of a recovery in early 2017, retail sales crashed in August, falling 0.6% for the month, compounded by a revision to the July number falling 0.2%. The dead cat of retai…

Wages growth is too slow, around the world, including in Australia. The impact of a long period of lower than average wages rises across the globe has fed into reduced consumption, slow inflat…

As the Australian economy displays signs of growth, with unemployment falling and the participation rate growing strongly over the year, the global economic outlook has also started to tur…