Further data from TRA for the TNQ region highlights the concern we flagged earlier today. Over the past year the once-booming Chinese sector of the market has seen a decline in the region of 1.2%. Chinese visitors to TNQ fell from 216,726 in the year to June 2016 to 214,082 …read more
Today sees the release of the June quarter International Visitor Survey from Tourism Research Australia (full report available here); and although visitor numbers are up strongly it’s not a happy story for Queensland. Visitor numbers to Australia show a 8.7% y/y increase to almost 7.9 million (another new record high). …read more
Pete spoke to John MacKenzie on radio 4CA this morning about last week’s regional jobs data (see details here) and the impact the improving labour market was having on the broader Cairns economy. You can listen to the segment below.
Data released today for Estimated Resident Populations in regional areas shows the population of the Cairns SA4 region climbed 18.1% in the decade to June 30th 2016 reaching 247,762. This was somewhat faster than estimated growth in Townsville SA4 which was +16% to 235,037. However, both regions fell behind growth …read more
Pete spoke to Pat Hession on ABC North Queensland on Thursday afternoon about the Townsville employment data which was released that morning. You can listen to the interview below and read our commentary here.
Today we saw the release of the ABS regional jobs unadjusted data for July. As always, we have to consider the Conus Trend data to make much sense of this highly volatile data-set; and what that shows us is a continuing good-news story in the North. Trend employment in the …read more
Pete spoke to Kier Shorey on ABC Far North this morning about yesterday’s release of the experimental Environmental-Economic accounts for the Great Barrier Reef (see our commentary here). You can listen below.
The ABS have today produced the first edition of a new data set, the Experimental Environmental-Economic Accounts for the Great Barrier Reef (full details here). There’s a lot of information here, sourced from a wide variety of sources, but some highlights include: Marine Condition indicators which show Coral condition at 44 …read more
The ABS release of Labour Force data for July shows the Trend unemployment rate in Queensland stable at 6.3% having added 8,300 employed for the month (+27,000 seasonally adjusted) after June was also revised slightly higher. This is now the 9th straight month of Trend increases and pushes total employment …read more
This morning we saw the release of the ABS original regional building approvals data for June. As always, we need to consider this volatile series in light of the Conus Trend to make much sense of it. In the SA4 regions of Cairns and Townsville there was little to get …read more