Why 2023 will be challenging to navigate for the housing sector

With Tim Woods of IndustryEdge, February 2023

The long tail of inflation will impact timber markets throughout 2023.

There was little shock when in early February the RBA announced a further 0.25% increase in the cash rate. Capital markets had factored the increase in and were broadly convinced further increases were unlikely. What surprised was the commentary from the RBA Governor Philip Lowe.

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