The re-starting of the domestic tourism industry is clearly underway in the Far North. The latest data from the Cairns Airport show total passenger numbers jumping to 109,104 in July (from a low in 11,153 in April). Although total passenger numbers are down 78% from a year earlier the domestic …read more
The divergence between those states enjoying a better health outcomes and those not has become clearer with the release this morning of the ABS Weekly Payrolls data to July 25th (sourced from the ATO Single Touch Payroll system). While payrolls fell 0.1% m/m across Australia, QLD saw a 0.9% increase. …read more
Last week we posted using the Google Mobility Data (Google LLC “Google COVID-19 Community Mobility Reports”. www.google.com/covid19/mobility/ Accessed: 10/8/20) as a proxy for economic activity (see here for the full details). Google’s data has now been updated to 4th August so we have updated our two measures (‘Activity’ and ‘Economic Activity’). …read more
Today saw the release of the ABS original regional building approvals data for June, which allowed us to update the Conus Trend data series. While residential approvals fell 17.3% in Queensland in June (see here for more detail) today’s data shows that it’s the regions outside Greater Brisbane where the …read more
Google have been providing data on their “Community Mobility Indexes” for some time to help track the impacts of COVID-19 (you can get further details here). The indexes measure movement in six categories; Grocery & pharmacy Mobility trends for places like grocery markets, food warehouses, farmers markets, specialty food shops, …read more
The lock-down now in place in Melbourne could see an additional 260,000 workers miss out on JobKeeper (JK) support due to the 2-quarters requirements of the new regime. On our pre-lock-down estimates we would have seen the JK 1.0 original 3.5 million figure drop to 2.0 million in Oct had …read more
The Dept of Employment SALM data (Small Area Labour Market) is the only official data that provides a look at the labour markets at Local Govt and SA2 level. Although there are limitations to the data (not least of which is that it is only quarterly) it does provide us …read more
The residential building approvals data from the ABS for June show another steep decline. Approvals fell 4.9% m/m (seasonally adjusted) which takes the year-on-year decline to 15.8%. House approvals are down 6.4% for the year while units are off 30.2%. In Queensland total approvals fell 10.9% m/m and are now …read more
Last week the Govt confirmed the details of the JobKeeper extension (JK 2.0) which will be in place when the original JobKeeper (JK 1.0) expires at the end of Sept. Details are available at the Treasury website. Essentially for a business to be eligible for JK 2.0, from October to …read more
In common with the national and State data seen last week (see here for details) the regional data for June shows an improvement across many regions. The Conus/CBC Staff Selection Trend shows a similar story panning out across both Greater Brisbane and the Rest of QLD. In Greater Brisbane Trend …read more