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…

The total value of Australia’s home loans was 1.2% lower in July 2023, compared with the prior month, but was down 14.1% on an annualised basis, compared with the previous year. It is never clea…

Australia’s total dwelling approvals fell in the year-ending July, drifting to 173,509 approvals down11.2% on the prior year. Detached house approvals for the same period were 105,079 dow…

The monthly annual CPI for August is a bit like the old story of the Curate’s Egg with some parts good and some parts bad. We can see that in the difference between the headline (bad) and underlyin…