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In line with market expectations, the inflation data released by the ABS today shows CPI back within the RBA’s 2-3% target range. For the March quarter headline CPI rose by 0.5% for an annual increase of 2.1% (up from 1.5% in the previous quarter). The RBA’s preferred “core” measures of …read more
We’ve only now had time to crunch the numbers for the February regional building approvals data (released while we were on holiday a few weeks ago), but it doesn’t provide any joy for the North. Considering the SA4 regional data first, the Conus Trend series for Cairns shows a slight …read more
Pete spoke to John MacKenzie on radio 4CA this morning about jobs in Townsville and Cairns following our blog yesterday, and today’s article in the Courier Mail. You can listen below.
We’ve just returned from a couple of weeks in SE Asia so have some catching up to do. First thing on the agenda was the labour force data for March released last week. We saw the headline (seasonally adjusted) unemployment rate remain stable at 5.9% despite a very sharp addition …read more
I spoke to Kier Shorey on ABC Far North this morning about the latest Dept of Social Services data for Job Seekers in the area. You can listen below.
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 the Dept of Social Services in their monthly payment recipients data. Our own Conus Trend series for …read more
The ABS Building Approvals data for February shows a sharp improvement at both a state and national level with unit approvals being the main leader of the improvement. Seasonally adjusted data for Australia shows approvals up 8.3% m/m for a decline of 4.9% y/y (after some upward revisions to previous …read more
The ABS have released their regional population estimates (up to mid year 2016) today and they show the North of the state lagging recent growth elsewhere. The data is provided at the Local Government Area (LGA) level as well at SA2 and above. Taking the LGA data first… LGA 2016 …read more
Tourism Research Australia’s National Visitor Survey for the December quarter (available here) does not make happy reading for the industry in the Far North. While total overnight domestic visitors in Australia rose by 4.2% from the previous year, and were up by 3.4% in Queensland, the TNQ region saw a …read more
Yesterday saw the ABS release their February monthly regional labour force data, and our own Conus Trend series (see here for details). The ABS also released their quarterly data on regional employment by industry sector for the February quarter. This is presented on a quarterly basis as a rolling 4-quarter average, and as …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series