
StatisticsCount Newsletter
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27.10.22: Market Dynamics Report Presents Sobering Outlook
On current trajectories, Australia faces the prospect of being consistently unable to meet demand for new housing, because of a persistent and growing gap between demand and supply of sawn softwood timber, in particular. Taking immediate action to establish new softwood plantations, Australia can mitigate the risk and increase its sovereign supply capability for its ...Read More -
27.10.22: Wages lift 2.6% year-ended June, still below inflation
Australia’s Wages Price Index lifted 2.6% year-ended June, rising by 0.7% in the June quarter, to deliver three successive quarters of growth. The highest annual wages growth rate since 2014 has been recorded, but in real terms, against inflation, average wages continue to go backward. That’s a productivity issue and one set to get worse ...Read More -
27.10.22: Productivity the only way forward
Is there a more misunderstood and abused term than ‘productivity’? We doubt it. Regardless of the various abuses, productivity has been pretty much the main driver of economic advancement for Australia, especially over the 20th Century. As the Productivity Commission has described in a recent and major report, it is the ‘Key to Prosperity’. Terms like ...Read More -
27.10.22: Employment, labour and skills reach the summit
Australia’s unemployment rate dropped to a remarkable 3.4% in July 2022, as all the indications are Australia has reached – and potentially exceeded – the primary definitions of full employment. Labour supply has serious implications for the economy, so its little wonder as the unemployment rate plummeted, the nation’s leaders summited. The Jobs and Skills ...Read More -
27.10.22: Engineered Wood Product imports: a conflicted and current topic
The following content was prepared by IndustryEdge and supplied to its subscribers in late August Australia’s imports of engineered wood products were valued at AUD170.9 million for the first half of 2022. Laminated Veneer Lumber (LVL) accounted for 38% of the total and for most of the additional 32% described as ‘Other’ engineered wood products. ...Read More -
27.10.22: Sawn softwood import explosion saves FY22
The role of imports of sawn softwood has never been clearer than in 2021-22, Imports rose a massive 64.8% to a record 923,471 m3, helping to meet the surge in demand for sawnwood. The level of imports is one remarkable factor, but the speed at which the increase came – and the price – are ...Read More -
27.10.22: Softwood Sales Volume
Local sawn softwood sales were relatively steady in July, amidst capacity constraints and supply chain limitations. Year-ended July, total sales were 4.53% lower than a year earlier, totalling 3.067 million m3. July itself saw sales total 258.0 km3, down around 13.0 km3 on the prior month. Following on from fires, salvage and supply chain challenges, ...Read More -
27.10.22: Housing finance falls sharply
June housing finance data saw the total value of loans fall 4.4% – the largest decline since the dark days of May 2020 as first home buyers were knocked down 10% to the lowest monthly total in two years. It is hard to escape the conclusion that for finance at least, the rout is on! ...Read More -
27.10.22: Housing approvals fall 17.2% in July
Australian residential dwelling approvals slumped 17.2% in July 2022, as total monthly approvals of 13,595 included a sharp fall in non-detached approvals. Meantime, approvals of detached houses lifted above 10,000 for the first time in four months and are gradually tracking down. A long pipeline of activity commences with a sale of a home, after ...Read More -
02.08.22: ABARES Work Program Industry Workshops
ABARES and FWPA have maintained a long working relationship. This collaborative relationship has enabled a range of valued forest products industry research reports and industry data series which is freely available and used by the Australian industry, consultants, peak bodies, Government and other stakeholders. The ABARES and FWPA 2018 -2022 work plan has now completed, ...Read More