All indications are the possible global recession is driving shipping costs lower as demand dries up. In a complex world where seemingly what can go wrong will conspire with whatever is alrea…

The following trade update has been supplied by IndustryEdge from its online platform, Wood Market Edge online. All the data used and referred to here is available for download by IndustryEd…

Local sawn softwood sales dipped below the 3 million m3 per annum mark in 2022, declining to their lowest annual total since June 2020. The dip to 2.996 million m3 continued a year-long and grad…

Reflecting a general flattening of the building products market, prices for several key locally produced softwood products eased in the December quarter. Reflecting a long-term trend tha…

Almost unbelievably, the pipeline of Houses under construction grew 0.6% in the September quarter, despite commencements falling 4.9% over the same period. The data shows completions wer…

The impact of successive interest rate rises continues to bite with housing finance declining 3.7% in November or 24.3% on an annualised basis. The increase in interest rates makes the cost o…

Australia’s dwelling approvals totalled 188,185 dwellings year-ended November 2022, a decline of 18.0% on the previous period. For all that approvals have fallen, they are still above the…