As demand runs rife and the pipeline of building work seems endless, imports of sawn softwood lifted 36.6% to reach 630,278 m3 over the year-ended November 2021. All the major grades saw the ma…

The price of locally produced sawn softwood products continued to rise in the December quarter, reflecting the ongoing tight market conditions. The key structural product, MGP10…

Sales of locally produced sawn softwood products declined 6.5% in 2021, compared with 2020, slipping back to 2.916 million m3 as the processing of fire-damaged salvage logs comes to an end. U…

In November, the Australian Prudential Regulatory Authority (APRA) introduced a series of new macro-prudential rules for lending. Intended to constrain loans by increasing the servicea…

In November 2021, dwelling approvals totalled 16,448 separate approvals, up 3.6% on the prior month. Houses accounted for 11,040 separate approvals, up 1.7% on October. Though still stron…

Australia’s largest home building boom appears to have peaked, but the pipeline of work remains at record and enormous levels. Data for the September quarter shows that new house commenceme…

At a headline level, Australia’s inflation is on the rise. Measured through the Consumer Price Index (CPI), Australian prices lifted 3.5% in 2021, right at the top of the Reserve Bank’s targe…