Imports of sawn softwood – deployed mainly to housing – rose a massive 40.0% in 2021, to total 666,164 m3. Although still below peaks reached in previous booms, the steady increase of imported…

Sales of locally produced sawn softwood products continued their downwards trend year-ended January, with total sales 7.6% lower at 2.883 million m3. Traditionally the quietest month of t…

In January, Australia’s unemployment rate was steady at 4.2%, while pandemic impacts continued as the nation worked an average 8.8 hours less, with a big increase in those working zero hours…

The total value of housing loans continued to climb in January, lifting 2.6% on the prior month to $33.66 billion. That result was a very hefty 18.2% higher on a year-on-year basis as low intere…

2021 was a remarkable year for the Australian housing market. Total dwelling approvals lifted to 226,902 units, below the peak of 230,936 units year-ended June 2018. However, approvals of f…

Australia’s economic growth lifted a thumping 3.4% in the December quarter, the strongest quarterly growth since 1976. That result, delivered courtesy of higher household spending suppo…