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Today’s Conus Trend regional building approvals data shows that in January Trend approvals were up 24.3% y/y in the Greater Brisbane area (against a rise of 9.1% across the state and a fall of 7.1% in the Rest of Queensland). So what areas in the Greater Brisbane region have been …read more
Last week we saw the ABS release of building approvals data for January demonstrate that (on a Trend basis) Queensland was doing somewhat better than the nation with approvals growth of 9.1% y/y versus 6.9% for Australia as a whole (see here). This week the regional data shows us that …read more
The Dept of Employment recently released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to December. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of unemployment …read more
Today’s release from the ABS of the 4th quarter 2017 GDP data confirms the lack lustre performance of the Australian economy. Growth in the quarter (seasonally adjusted) was in line with market expectations at +0.4%, although upward revisions to back quarters saw the year-on-year rate slightly beat expectations at +2.4% …read more
Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). When looking …read more
The release by Queensland Treasury of the State Accounts for the third quarter of 2017 appear to have slipped largely under the radar. While the ABS produce Gross State Product (GSP) data only on an annual basis for the June quarter, the QLD Treasury produce quarterly estimates. We have previously seen …read more
Residential building approvals data for January showed a lift of 17.1% m/m for a 12.0% gain on the year (seasonally adjusted) after some big falls in December. However, when considering this highly volatile and lumpy data series we much prefer the Trend series and here we see a 0.1% m/m …read more
Pete spoke to Keir Shorey on radio ABC Far North early this morning about yesterday’s regional labour force data and what we see for the Cairns region. You can listen to the full interview below.
Today’s release by the ABS of regional jobs data is best seen through the lens of the Conus Trend series. What this shows us is Trend unemployment in Greater Brisbane at 5.8% while the Rest of Queensland sits at 6.1%, However, over the past year Greater Brisbane (with employment growth …read more
There’s been plenty of interest in tourism following my post yesterday (see here) on the latest ABS Arrivals and Departures data. ABC Far North ran the story in their news bulletins this morning and later in the day I spoke to John McKenzie at radio 4CA; you can listen to …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series