Despite softening sales volumes (see previous item) the FWPA softwood weighted average price data series shows prices remained relatively stable in the December quarter 2023. There were h…

Sales of locally produced sawn softwood declined to 2.71 million m3 year-ended December 2023, down 7.1% over the previous period. Reported monthly sales for December totalled 170,262 m3, w…

The value of the work remaining in the housing pipeline has continued to decline. In the September quarter 2023 the value of new houses in the pipeline was $25.97 billion, a decline of 5.1% on th…

Reflecting more than a year of slowing approvals, latest data shows houses under construction (work in progress) contracted for the second successive quarter. However, analysis demonstr…

Reflecting the volatility of monthly data, in November, the value of housing loans (excluding refinancing) lifted a modest 1.0% in November 2023, after a larger 7.1% rise in October. Howeve…

Australia’s dwelling approvals remained suppressed in November, with pockets of growth beginning to emerge, mainly in key-state multi-residential markets. Monthly approvals totalled…

Latest analysis from the International Monetary Fund (IMF) demonstrates migration to Australia does not contribute significantly to inflation, other than in the housing market. The IMF r…

December quarter Consumer Price Inflation (CPI) data was better than expected, coming in at 0.6% for the quarter, just half the 1.2% recorded for the September quarter. This was the smallest…