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…

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…

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…

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…

Understanding when inflation may have peaked is important because it should signal the trajectory of future interest rates movements. However, this is generating more speculation than th…