Regional Inflation; a first look

The ABS-produced Consumer Price Index (CPI) measures inflation for a basket of good and services in the 8 Capital Cities and then uses that data to produce a weighted average for the nation. This is the headline inflation number with which we are all familiar; and in the second quarter …read more

Domestic Tourism in Regional Queensland for the year to May ’21 now higher than year to May ’20

As a demonstration of the strength of the domestic tourism boom underway in regional Australia, there is perhaps none better than today’s data from Tourism Research Australia (see here) for May which shows that, over the past 12 months, domestic tourism expenditure in Regional QLD is now 6.6% higher than …read more

Internal Migration into Regional QLD strong in Q1

Data released this morning by the ABS shows that internal migration into Queensland added a net 7,000 people in the March quarter. This is down from the 17-year high seen in the previous quarter (net +9,763). Over the past 4 quarters Queensland has seen a net increase of 30,785 internal …read more

National Google Mobility slumps to lowest in 14 months. QLD leads the pack

The lockdowns in Greater Sydney, Victoria and South Australia have seen Google Mobility averages across Australia decline (for the 7-day average to 25th July) to their lowest level since 11th May last year. Queensland, where the most recent lockdown was short and sharp in late-June/early-July, now sits with the best …read more

Cairns Trend employment remains unchanged while Townsville adds another 900

The ABS original regional Labour Force data for June allows us to update our own Conus/CBC Staff Selection Regional Employment Trend & s.a. series. This shows that the solid growth in employment seen across the State (see here for details) last week is reflected in both Greater Brisbane and the …read more

JobSeekers fall again in June. Cairns Trend now down 25.0% y/y

The final data for JobSeekers from the Dept of Social Services for June was released this morning. It shows another decline across the nation to 1.1 million people who are receiving either JobSeeker or Youth Allowance (other) payments, a decline of 31% from a year ago. Queensland has also fallen …read more

More strong jobs data; QLD unemployment rate now at its lowest since Apr 2009

The June labour market survey data from the ABS released this morning has (once again) exceeded market expectations; although it’s not all great news. Employment lifted by 29,100 in the month and is now up 6.3% from a year ago (or 777,900 more people employed than at this stage last …read more

Cairns powers ahead; Google Mobility data

In the face of lock-downs across the country earlier in the month (which continue in Sydney) Google Mobility data confirms that Cairns managed to escape relatively unscathed and, as a result, has opened up a significant gap with many other regions. There did appear to be a short-lived, and small …read more

Trend for arrivals into Cairns Airport remains strong

Data from Cairns Airport shows total passenger numbers dipped again slightly in June, although this is to be expected as May and June are seasonally weaker months for airport arrivals. The Conus derived Trend remains strong and is up 297% from a year earlier. While international passengers have essentially disappeared …read more

Regional Building Approvals ease

Having seen an easing in residential building approvals both nationally and at the State level reported last week it is no surprise to see the same trend playing out at the regional level in Queensland. ABS original data to May, when seen through the lens of the Conus Trend, sees …read more

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