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Residential building approvals data for Dec released this morning shows total Australian approvals up 10.9% m/m which brings them to 22.8% higher than a year ago. House approvals are up 55.4% y/y while units have fallen by 18.4% y/y. In Queensland the lift is even more impressive. Total approvals were …read more
Data on internal migration for the Sept 2020 quarter shows the trend of strong movement from cities into the regions in 2020 continued apace. Across the nation in the third quarter about 11,200 people left the capital cities to move to the regions (this comes on top of a similar …read more
The monthly National Visitor Survey snapshot data for October from Tourism Research Australia shows overnight domestic tourism expenditure was up 25% since March, although it remains down 39% from a year earlier. Queensland has seen the best state performance since March with expenditures up 99%, although they remain down 35% …read more
The release of original regional employment data for December by the ABS allows us to update the Conus/CBC Staff Selection Trend series. While employment across Queensland has lifted 27,250 during 2020 this latest analysis shows that the bulk of those gains have come from regional Queensland (Rest of QLD added …read more
As we noted last week (see here), Queensland’s labour market has been performing relatively well during recent months with total employed up 1.1% in December from a year earlier (while nationwide that figure is a decline of 0.5%). Inevitably, with the Queensland Government’s own Public Service employment data (data only …read more
The Dept of Social Services data for JobSeekers shows total recipients edged higher in December. The number of those receiving JobSeeker or Youth Allowance (other) payments increased by 1.3% from November to 1.47 million. Our own Conus/CBC Staff Selection Trend, and the ABS labour force survey data for the number …read more
The September quarter National Visitor Survey from Tourism Research Australia was released today. It showed domestic overnight visitors across Australia fell by 30.6% for the year and expenditure was down 34.4%. Day visits fell 24.2% with expenditure down 24.6%. This equates to a decline of 32.0% in total domestic tourism …read more
The ABS December Labour Force data released today is broadly in line with market expectations, which in themselves were quite bullish. Employment lifted by another 50,000 from November and is now down just 0.5% from a year ago. The unemployment rate has again fallen to 6.6% even while the participation …read more
Data out this week from the ABS for Payrolls suggests that the labour market was actually stronger in early January this year than it was at the same time last. With a year’s worth of data we can now, for the first time, make year-on-year comparisons of this series. The …read more
Back in April 2020, as the impacts of the COVID lock-downs took hold across Australia and the labour force data went into free-fall the ABS suspended their Trend series within the Labour Force Survey (and many other data releases). The reason for this was justified by the fact that 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