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The ABS released data for Short Term (less than one year) Arrivals and Departures for December. It shows that arrivals into Australia are continuing to grow very strongly hitting a new record high of 659,800 for the month (seasonally adjusted). This is 12% higher than a year ago and for …read more
Yesterday saw the release of the ABS Regional Building Approvals data for December. The ABS provide the data only as an unadjusted monthly series, so we prefer to study our own Conus Trend to get a meaningful picture. In the Cairns region (including Douglas Shire) the ABS reported just 55 …read more
The ABS Cost of Living Indexes for the fourth quarter show price increases running at a slightly higher rate than in the previous quarter. The COL Indexes are designed to answer the question “By how much would after tax money incomes need to change to allow households to purchase …read more
Today’s release of Building Approvals data for December were somewhat higher than expected generally, and show QLD doing better than the nation as a whole. The seasonally adjusted data for Australia showed approvals were up 9.2% m/m for a 2.5% decline over the year (the market had been tipping a …read more
Today’s release of the CPI data for the final quarter of last year simply confirms what we have all known for some time; there is no real pressure on prices at present. The CPI for Q4 was up 0.4% q/q for an annual increase of 1.7%; a modest increase from …read more
Today’s release of the (unadjusted) ABS labour force data for regions allows us to update our own Conus Trend series for the Queensland regions. In Cairns we saw the Conus Trend unemployment rate fall to 7.2% (7.5% in Nov); its lowest level since Aug 2011. Trend employment in Dec increased by …read more
I’ve been away enjoying some snow in Japan so have missed the past two week’s of data since the New Year. This post is an abridged version to simply update some charts and make a few comments… Building Approvals. The November nationwide approvals numbers (seasonally adjusted) saw a big dip …read more
In his December Cairns Watch (available here) Herron Todd White’s Rick Carr has a special focus on house sales and prices in the Cassowary Coast. Rick notes that “sales in the Cassowary Coast area have been experiencing slow market conditions over recent years, and have reduced further during 2015 reflecting the slow …read more
I’ve just arrived back on dry land so wanted to update the Dept of Employment Small Area Labour Market (SALM) data for the Sept quarter before the Christmas break. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, youth and …read more
The release of the regional labour force data from the ABS this morning contains some good Xmas cheer for the North and Far North. As always the original ABS data is unadjusted so we need to focus our attention on the Conus Trend numbers. In Cairns for November the Trend shows …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series