JobSeekers fall again in June. Cairns Trend now down 25.0% y/y

The final data for JobSeekers from the Dept of Social Services for June was released this morning. It shows another decline across the nation to 1.1 million people who are receiving either JobSeeker or Youth Allowance (other) payments, a decline of 31% from a year ago. Queensland has also fallen …read more

More strong jobs data; QLD unemployment rate now at its lowest since Apr 2009

The June labour market survey data from the ABS released this morning has (once again) exceeded market expectations; although it’s not all great news. Employment lifted by 29,100 in the month and is now up 6.3% from a year ago (or 777,900 more people employed than at this stage last …read more

Cairns powers ahead; Google Mobility data

In the face of lock-downs across the country earlier in the month (which continue in Sydney) Google Mobility data confirms that Cairns managed to escape relatively unscathed and, as a result, has opened up a significant gap with many other regions. There did appear to be a short-lived, and small …read more

Trend for arrivals into Cairns Airport remains strong

Data from Cairns Airport shows total passenger numbers dipped again slightly in June, although this is to be expected as May and June are seasonally weaker months for airport arrivals. The Conus derived Trend remains strong and is up 297% from a year earlier. While international passengers have essentially disappeared …read more

Regional Building Approvals ease

Having seen an easing in residential building approvals both nationally and at the State level reported last week it is no surprise to see the same trend playing out at the regional level in Queensland. ABS original data to May, when seen through the lens of the Conus Trend, sees …read more

Domestic Tourism boom continues; we’re now above 2 years ago

The Monthly Snapshot domestic tourism data from TRA for April, released yesterday, shows how strongly this sector continues to perform. overnight Expenditures across Australia lifted to $8.16 bn and are now 6.5% higher than they were 2 years ago in April 2019 (even allowing for 3.8% growth in CPI over …read more

Which industry sectors are responsible for QLD’s better Payrolls performance?

The ABS today released Payrolls data for the week to 19th June which showed Queensland’s performance was now 0.5 ppts better than the national average (103.9 versus 103.4). By considering the Payrolls data by Industry Sector and weighting this by the percentage of employment within each Industry Sector (from the …read more

National Visitor Survey for March; the recovery underway

The National Visitor Survey for the March quarter adds some detail to our understanding of the domestic tourism scene which the monthly snapshot release has been unable to provide. It confirms that quarter-on-quarter domestic visitors are up 0.4% nationally with expenditures virtually unchanged. On a year/year basis visitor numbers are …read more

Public/Private Sector Employment data shows QLD doing well

The recent quarterly Labour Force data from the ABS for the May quarter provides us with an insight into the split between Public and Private Sector employment at national and State levels. The data is provided only in its original, unadjusted form and we use this to estimate a Conus …read more

Cairns Trend employment up; unemployment rate down

The ABS original regional labour force data yesterday has allowed us to update the Conus/CBC Staff Selection Trend Regional Employment Trend series for Queensland for May. What we see is strong growth across the State (as expected after last week’s release of the State data showed the unemployment rate falling …read more

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