Comparing Trend to the 12 month average

Since introducing the Conus Trend series for regional jobs data we have had frequent queries as to why our data appears so different to that provided for the Cairns region by the Queensland Government Statisticians Office (their report for Cairns Sept data is available here). The simple answer is that …read more

Regional jobs data shows Cairns improvement stalled

After the confusion of the ABS revisions to the September labour force data (see here for details) it is perhaps not surprising to see the regional data also banging around. As always the headline data needs to be treated with a great deal of caution and, instead, focus should be …read more

Building Approvals continue to strengthen in the Far North

Following on from the solid building approvals data last week for the nation and State (see here), today sees the regional data also showing a strong trend in the Far North. Approvals in Cairns and Douglas came in at 59 in August, Cassowary Coast at 11 and Townsville at 148. …read more

Confusion over the ABS Jobs numbers

In something of an embarrassing turn of events for the ABS the bureau have today released the labour force data for Sept with some major revisions (and a lengthy explanatory note) which sees the seasonal adjustment removed from the Jul, Aug and Sept data (for reasons that the ABS cannot …read more

Arrivals data sees Chinese hit a new record

The ABS short term arrivals and departures data released today shows arrivals up strongly (up 8% from a year ago in August, and the 12 month total up by 8.2%) on the back of a surge in Chinese arrivals. China accounted for 13.2% of all arrivals in August (the second …read more

US jobs sends A$ lower

The release overnight of the US jobs report for September has seen the A$ fall almost a full US cent. The non-farm payrolls for Sept saw a strong increase of 248,000 (above expectations) combined with large upward revisions to the data for July and August (combined revisions added another 69,000). The …read more

Not everyone is excited by Pirates of the Caribbean subsidies

Despite some inevitable media frenzy surrounding the announcement of the Disney film Pirates of the Caribbean 5 being shot in Queensland there are many who are less than impressed by the incentives which the Federal and State Governments have offered to make this a reality. Gene Tunny over at Queensland …read more

Productivity Commission report on Disaster Funding a real problem

The recently released Productivity Commission draft report on Natural Disaster Funding (available here) should be, and no doubt already is, of great concern to State and Local Governments. Under the present Natural Disaster Relief and Recovery Arrangements (NDRRA) the Federal Government meets up to 75% of the cost of disaster …read more

The building recovery continues in Queensland

Data released this morning shows Building Approvals nationwide rose by a seasonally adjusted 3% in August (against expectations of a 1% rise). This takes the annual growth rate to 14.5% (up from 9.6% in July). However, the increase was all due to volatile unit approvals while house approvals actually fell …read more

Retail Trade disappoints…particularly in Queensland

The Retail Trade data for August has come in a good deal weaker than the market had been expecting. Seasonally adjusted figures show just a 0.1% increase (against expectations of 0.4% growth), while the Trend data shows 0.2% growth (unchanged for the past 3 months). However, the story in Queensland …read more

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