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The Tourism Research Australia National Visitor Survey for the year to Sept 2015 saw the total number of domestic visitors jump by 7% to 85.3 million. Those travelling to Queensland were stronger still, up 7.9% to 19.8 million (which saw the Sunshine State’s share of the domestic market improve slightly …read more
After last month’s stellar jobs data (see here for commentary) it was widely expected that the November data would show a decline in employment and a possible move in the unemployment rate back up to 6%. Nothing could have been further from the numbers we saw this morning! The ABS …read more
With the headlines talking about the imminent closure of the Yabulu Nickel Refinery and the loss of up to 800 jobs, today’s regional building approvals data from the ABS are another sorry story that Townsville could really do without. As we noted last month (see here), the unemployment situation in …read more
The ABS released their Short Term Arrivals & Departures data for Oct today and it shows, once again, that arrivals from China are continuing to push ahead strongly. Although total arrivals were slightly lower than last month, and up 6.7% from a year ago, the annual number of arrivals (at just a shade …read more
Today saw the release of the International Visitor Survey for the Sept quarter from Tourism Research Australia (you can access the full report here). It shows a very solid growth of total international visitors to Australia for the year to Sept, up 6.6% over the year. Expenditure rose by 15.2% …read more
Third quarter GDP was up 0.9% q/q for a 2.5% increase over the year on the back of strong net exports data (as released yesterday). Net Exports contributed 1.5 ppts to growth while the big drag was capital formation (both public and private) which combined to knock 1.1 ppts off. …read more
Ahead of tomorrow’s release of the GDP data for the third quarter today’s better than expected Building Approvals for Oct might be interpreted as looking positive for growth. But we need to temper our excitement about what the (highly volatile) headline numbers are telling us. Firstly, to the numbers themselves. …read more
Today’s release of private sector actual, and expected, CAPEX shows a somewhat mixed picture. Actual CAPEX for the third quarter was below market expectations at $31.4 bn which is 9.2% below the second quarter number and a full 20.0% below where it was at the same time a year ago. …read more
Last Friday saw the release of the ABS Gross State Product (GSP) data for the 2014-15 financial year. Although the ABS only produce their data for the states on an annual basis, the Queensland Treasury produces their own measure (on both a seasonally adjusted and trend basis) on a quarterly …read more
In response to comment by a reader, I have taken a look at the “older” cohort of workers in the Cairns region. The ABS provide regional data from the groups from 45 years and over, so this is what I have used to create the new Conus Cairns Older Trend. …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series