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Today’s release by TRA of the International Visitor Survey for March 2017 (available here) shows international visitors up by 9.2% y/y with expenditure up 8.1%. Numbers to Queensland were also up strongly (+6.8%), although expenditure rose just 2.6% y/y. However, as a result the Sunshine State’s share of the international …read more
The ABS have released the GDP data for the first quarter of 2017. After a strong Q4 last year (unrevised at +1.1% q/q) Q1 is up just 0.3% q/q, +1.7% y/y and +2.3% annualised. This is result is in line with market expectations, although stronger than some had been expecting; …read more
Today sees the release of the April regional Building Approvals data from the ABS. As always we focus on the Conus Trend data series rather than the highly volatile original series as presented by the ABS. Looking at the SA4 level first, we see Cairns approvals stable at a Trend …read more
Many commentators have written about movements in the Participation Rate (PR) and the impact this can have on unemployment rates (one such recent example from Nick Behrens at QEAS). The discussion is certainly a valid one, but in this post we want to try and dig a little deeper into what …read more
Total actual private sector capital expenditure (CAPEX) in the first quarter was up just 0.3% q/q for a decline of 9.3% over the year (seasonally adjusted chain volume). But the falls are really all down to WA where actual CAPEX has tumbled 32.6% over the year. The only other state …read more
Data from the ABS for residential building approvals in April shows the highly volatile units sector helping to push the total higher as house approvals barely move. Total (seasonally adjusted) approvals were up 4.4% m/m for a 17.2% decline on the year. House approvals rose by just 0.8% m/m while …read more
Pete spoke to John MacKenzie on radio 4CA this morning about jobs in Cairns. They also touched on a presentation in Cairns this morning from well-known commentator Bernard Salt in which he highlighted Cairns opportunities in embracing the growing trend for what he calls “lifestylepreneurs”. I’ll be posting in more …read more
We have today released the Conus Trend Regional Jobs data for NSW. The full data-set is available for download below (and on our Reports page with all our other Trend data). Please feel free to use the data (for non-commercial purposes) but we would appreciate you acknowledging Conus when you …read more
Today’s ABS regional labour force data for April needs to be looked at through the lens of the Conus Trend to make any real sense. What the data shows us is Cairns slightly weaker while Townsville continues its trend of improvements (from a low base). The Conus Trend unemployment rate …read more
Pete spoke to Pat Hession on ABC North QLD this afternoon about Townsville industry data and regional jobs data in general. You can listen below.
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series