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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…
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The second half of 2022 has seen global log prices continuing to rise in most major markets. At the same time, log removals and trade are continuing to expand, with few signs of downwards pressu…
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Australia’s retail sales slipped 3.9% in December, falling sharply and for the first time in more than a year. Latest data on the costs of living show mortgage repayments are up significantly…
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In January, Australia’s unemployment lifted to 523,200 people an increase of 21,900 over December. This has moved the unemployment rate up slightly to 3.7%. While an economy in an inflation…
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Sales of locally produced sawn softwood products were 5.6% lower over the year-ending January 2023, slipping to 2.989 million m3. January sales totalled 199,185 m3, just 2.3% lower than for…
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Reflecting rising interest rates, the total value of housing loans was $23.44 billion in December, down 29.3% compared to the prior year and 4.3% lower than in November. As mortgage pain cont…
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Australia’s new dwelling sector continued to cool in December, with annual approvals for 2022 down 17.4% compared with 2021, declining to 187,840 total approvals. The only bright spark in t…