Trend Jobseeker data shows small falls in Cairns and Townsville

Today saw the release by the Dept of Social Services of the March jobseeker data and allows us to update and release our own Conus/CBC Staff Selection Jobseeker Trend series. The original, unadjusted data for Cairns (made up of 5 relevant SA3 areas) shows the number of jobseekers increased slightly …read more

What’s really going on with Cairns’ employment?

Readers of the Cairns Post this weekend might be justifiably confused about what is actually happening with employment in the region. Following the release by the ABS of regional labour force data on Thursday the Post ran a story on Friday talking about the fact that Cairns had “added 6,100 …read more

Has Cairns’ employment market gone flat? Regional Trend data suggests so

Today saw the release of the monthly ABS regional labour market data. As always, we prefer to see the data through the lens of the Trend (which as of this month is the Conus/CBC Staff Selection Employment Trend series after Cairns business CBC Staff Selection joined us to help improve …read more

Regional Population; Cairns growing at more than twice the pace of Townsville

Today saw the ABS release their regional population estimates for June 2017. When we consider the data at the SA4 level we see that Cairns grew by almost 3,000 people to just above 250,000 in the year from June 2016; that’s a 1.2% increase. Despite the fact that this is …read more

Inflation stays muted…no surprise for the RBA

The first quarter of 2018 has seen price inflation remain very muted, and outside of the RBA’s inflation target range. The headline CPI data showed a 0.4% q/q increase for +1.9% y/y. This was broadly in line with, or at the bottom end of, market expectations. The RBA preferred “core” …read more

Softer jobs growth sees unemployment rate static. Hours worked suggests the froth is coming off.

The March Labour Force data released this morning by the ABS showed seasonally adjusted employment was up just 4,900 (expectations had centred around +20,000) with a large revision to Feb data seeing all of those month’s gains wiped out. Over the course of the year employment is up 367,00 which …read more

Chinese visitors grow strongly but let’s take a deep breath

Yesterday saw the ABS release short term arrivals and departures data for the month of Feb. Following the release we read plenty of, frankly breathless, commentary about the strength of the Chinese visitor data…most usually when people referred to the highly volatile original, non-adjusted data. When looking at data for …read more

Where have QLD’s new Public Sectors jobs been seen?

The release of the Public Sector employment data for the Dec 2017 quarter allows us to take a look at which regions have seen the greatest increases this year, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase of …read more

QLD’s ALP Govt will not meet their own fiscal principle during this term

There’s plenty of coverage this morning in the papers about the delayed release of the QLD Quarterly Work Force Profile for the Dec 2017 quarter (available here) which provides data on the size of the QLD Public Sector employment. If we first consider the Headcount data…. When Campbell Newman’s LNP …read more

Regional Building Approvals data shows Trend improving in the Far North

Last week we saw the ABS release of building approvals data for February demonstrate that (on a Trend basis) Queensland was still doing somewhat better than the nation with approvals growth of 6.9% y/y versus 5.5% for Australia as a whole. This week the regional data shows us that the Far …read more

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