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Pete spoke to Kier Shorey on ABC Far North this morning about the latest regional building approvals data from last week (see here) as well as his thoughts on the otulook for 2017 and beyond. You can listen to the interview below.
The Courier Mail have launched this year’s GO QLD campaign with a piece on the regions which includes extensive use of the Conus Trend Regional Jobs data. You can read the story here. Gene Tunny at Adept Economics has posted today on the GO QLD campaign and is also quoted …read more
Today’s release of Regional Building Approvals continues the recent trend of declines. The original, unadjusted ABS data is best seen through the lens of the Conus Trend and here we see the SA4 Region of Cairns drop from a revised 74 in Nov (was 73) to 70 in December; this …read more
ABS data for December building approvals show further declines. Seasonally adjusted approvals fell 1.2% m/m for a fall of 11.4% over the year. In December house approvals were down 2.2% from Nov and dropped 9.8% from this time a year ago while unit approvals fell by just 0.1% for the …read more
Earlier this week Pete had a piece in The Cairns Post talking about the recovery in place in the Cassowary Coast (see below). This was followed up today by a chat on radio 4CA with John MacKenzie, which you can listen to below.
The ABS regional quarterly data for industry jobs shows Healthcare as the big winner in the Cairns region over the past decade. Since Nov 2006 the sector has added 4,900 jobs (3,000 of which have been full time) and now is the largest employing sector in the region with a …read more
The CPI for the final quarter of 2016 released today came in slightly below market expectations at +0.5% q/q for an annual increase of +1.5% (up from +1.3% last quarter). The RBA’s preferred “core inflation” measures of Trimmed Mean and Weighted Median both rose by 0.4% q/q for year on …read more
The Dec 2016 ABS original data for regional labour markets was released this morning and, upon analysis of the Conus Trend series, we see further confirmation of the stronger picture in the Cairns SA4 region. Even the Townsville region, whilst still very weak, sees some slight improvements. In Cairns the …read more
Today’s release of labour force data for December 2016 show the headline (seasonally adjusted) unemployment rate for the nation edged higher to 5.8%; although the Trend series remained unchanged at 5.7%. The increase came despite another increase in the number employed by 13,500 reflected in an increase in the Participation …read more
Today’s release of the regional building approvals data for November from the ABS doesn’t provide any good news for our region (not surprising given the general weakness at a state level seen last week…see here for details). The unadjusted regional data is best seen through the prism of the Conus …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series