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Following last week’s data November release which showed year-on-year residential building approvals up 15% nationally and 32% in Queensland today we got the regional data release from the ABS which allows us to update our regional Conus Trend series. This showed that, although Greater Brisbane is doing better than the …read more
December passengers (205,096) through Cairns Airport broke the 200,000 level for the first time since March. However, although the recovery continues to slowly build, this still represents a decline for the full calendar year of 64% from 2019. In 2020 just under 1.8 million passengers used Cairns Airport compared to …read more
Data released this morning by the ABS for November residential building approvals show seasonally adjusted approvals were up across the nation by 2.6% m/m and are now 15.0% higher than at the same time last year. House approvals are up 34.5% y/y while unit approvals are down 12.2%. In Queensland …read more
Latest data from the Dept. of Social Services shows that the number claiming JobSeeker or Youth Allowance (other) payments have fallen by 2.9% in November. This brings the total receiving the payments to 1,454,869, which is down 11.0% from the May highs. Numbers in Queensland fell at a similar pace …read more
Once again the Labour Force data has surprised on the upside in November. While consensus expectations were around an increase in employment of 40,000 (our own projection was somewhat higher at 66,000…see here for details) the official figure showed a jump of 90,000 (almost all of which were in full-time …read more
The ABS weekly payrolls data (sourced from the ATO Single Touch Payroll system) updated its latest series yesterday and today. What we see is a clear national improvement being driven largely by the recovery in Victoria as the state continues to come out of lock-down. Victoria registered a 1.4% improvement …read more
The long grind back to something approaching ‘normal’ continues. The latest Google Mobility data to 6th Dec shows a steady improvement across all States in recent weeks as SA came out of its short lock-down and most State borders opened. WA and QLD lead the recovery with total activity down …read more
Original regional building approval data for October released yesterday by the ABS allows us to update our Conus Trend series for the Queensland SA4 regions as well as our local Local Government Areas. While approvals were up 14.3% y/y across the nation in Oct, Queensland saw a 9.3% decline on …read more
Tthe ABS have just released the Sept 2020 quarter Labour Account data series which provides a wealth of information. One thing it allows us to do is take a look at incomes across various industry sectors and how they have changed in the past 12 months. The data provides us, …read more
While the ABS produce Gross State Product data only on an annual basis (for the 2019/20 year they estimate Gross State Product in QLD fell 1.1%) we must rely on the quarterly estimates from QLD Treasury for the intermediate periods. With the QLD Budget having been delayed until last week …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series