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Data released today by the Dept of Social Services show that JobSeekers (those receiving JobSeeker and Youth Allowance (other) payments) fell in July in Queensland by 6.1% m/m; this was the best performance of all States and Territories. Across Australia JobSeekers were down just 2.1% due to an increases in …read more
Against the expectations of many employment lifted slightly in July, up by 2,200 (there was at least one notable exception to the those expecting a fall; Justin Smirk at Westpac was calling for a lift in employment and his note is well worth reading for insight into why today’s numbers …read more
The recent and ongoing lockdowns in NSW, ACT and Melbourne are obviously having a significant effect on the tourism sector in the Far North. The data from Cairns Airport for July passenger numbers clearly shows the beginnings of that effect being felt with passenger numbers down 12.5% from June. Given …read more
Cairns Airport have reported a 12.5% m/m drop in total passenger numbers in July as the impact of the Sydney and Melbourne lock-downs hit home. Over the course of the past 12 months total passenger numbers through the airport are down 29.3% from the same period a year ago. Nevertheless, …read more
Today’s’ ABS original regional building approvals data for June allows us to update our Conus Trend series for Queensland regions. As we saw last week QLD’s rate of growth of approvals fell to 38.5% y/y (seasonally adjusted) in June; it had been as high as 86.6% in March. What today’s …read more
The ABS-produced Consumer Price Index (CPI) measures inflation for a basket of good and services in the 8 Capital Cities and then uses that data to produce a weighted average for the nation. This is the headline inflation number with which we are all familiar; and in the second quarter …read more
As a demonstration of the strength of the domestic tourism boom underway in regional Australia, there is perhaps none better than today’s data from Tourism Research Australia (see here) for May which shows that, over the past 12 months, domestic tourism expenditure in Regional QLD is now 6.6% higher than …read more
Data released this morning by the ABS shows that internal migration into Queensland added a net 7,000 people in the March quarter. This is down from the 17-year high seen in the previous quarter (net +9,763). Over the past 4 quarters Queensland has seen a net increase of 30,785 internal …read more
The lockdowns in Greater Sydney, Victoria and South Australia have seen Google Mobility averages across Australia decline (for the 7-day average to 25th July) to their lowest level since 11th May last year. Queensland, where the most recent lockdown was short and sharp in late-June/early-July, now sits with the best …read more
The ABS original regional Labour Force data for June allows us to update our own Conus/CBC Staff Selection Regional Employment Trend & s.a. series. This shows that the solid growth in employment seen across the State (see here for details) last week is reflected in both Greater Brisbane and the …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series