- Telephone
- Email
Regional building approvals data for Nov has turned out to be a bit of a mixed bag. The unadjusted data from the ABS shows that Cairns (including Douglas) saw a total of just 42 approvals (half of the total for Oct), the Cassowary Coast saw a sharp uptick to 14 …read more
Today’s release of labour force data for Dec has shocked the market with its strength. Commentators had been expecting the headline (seasonally adjusted) unemployment rate to remain unchanged at 6.3% with about 5,300 new jobs being created. In reality we saw a huge 37,400 new jobs (with 41,600 of these …read more
Once again we see a State political party making claims regarding the number of jobs to be created. The LNP have today announced their “Jobs for Tomorrow” plan which pledges that “More than 209,000 jobs would be created in Queensland over the next six years”. The irony here is that …read more
Despite a strong set of numbers for national building approvals the picture in QLD remains stubbornly weak, as the hart below makes clear. Across the nation seasonally adjusted approvals rose 7.5% m/m and 10.1% y/y on the back of solid unit approvals (particularly in Victoria). The rather less volatile Trend …read more
Gene Tunny over at Queensland Economy Watch has put up a useful post on what we can expect for the Queensland economy in 2015. The general theme is likely to be a weak one as the LNP Government move to an election in a few months. As Gene notes, the …read more
This will be our last post for the year. There are no further ABS scheduled releases of data until the New Year and we are currently enjoying a break in the French Alps hoping for a “White Christmas”. We would like to wish all our readers a very Happy Christmas …read more
The ABS November regional labour force data today confirms a worrying trend for the Cairns region. As we noted last month (see here), the region is failing to see any jobs growth and the fall in the unemployment rate is all due to an ongoing collapse in the Participation Rate. …read more
Data for Nov released by the ABS today shows the headline unemployment rate nudged up to 6.3% (from 6.2%) despite stronger than expected jobs growth. The labour market added 42,700 new jobs in Nov, although almost all of these (40,800) were part-time. The rather less volatile Trend series showed the …read more
After the disappointing International Visitor Survey results from last week (see here) the National Visitor Survey released today is no better (the full report is available for download here). While total overnight domestic visitors rose by 5% nationally they managed only a 2.5% increase in QLD and 1.4% in TNQ. …read more
The strong bounce in national building approvals noted last week (which was not replicated in QLD) appears to have been a feature in Cairns during October. ABS data released this morning show total unadjusted approvals in Cairns and Douglas were 84; Townsville 168 and Cassowary Coast just 4. As always, …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series