Australia’s total imports of Engineered Wood Products (EWPs)* were valued at AUD322.0 million on a free-on-board (FOB) basis, year-ended July 2023. The result saw the value of annual impor…

Australia’s imports of sawn softwood continued to decline in July, with annualised imports down a very solid and growing 30.6%. Meanwhile, monthly imports in July were 47% lower than in June…

The FWPA Timber Market Index (TMI) development process based on the FWPA Softwood Data Series has reached a significant milestone with all foundation members now agreeing to the terms of the…

Domestically sawn softwood sales fell 7.9% year-ended August 2023, declining to 2.823 million m3. The deterioration of sales is not especially surprising because housing construction ac…

Australia’s unemployment rate lifted to 3.7% in July 2023, with an additional 35,590 people now looking for work. The lift in the unemployment rate of 0.2% was nothing significant, with the r…

Different to the orthodox expectation in a softening market where prices fall, First Home Buyers are being knocked aside by the remarkable rise in dwelling prices. That this coincides with h…

For more than a year, there have been concerns the end of COVID discounted fixed price loans would result in a ‘mortgage cliff’ wherein borrowers would be forced to sell houses at discounts bec…