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The release by the ABS of their original regional labour force data for Feb allows us to update our Conus/CBC Staff Selection Regional Employment Trend data. What it shows is a very strong labour market in the Cairns region before the impact of the COVID-19 outbreak was felt. Whilst this …read more
The ABS release of regional population estimates to June 2019 shows that growth in the Cairns SA4 region has slowed sharply to just 0.75% for the year. This is just half the rate of the Queensland Government’s own forecast (released in early 2019) which saw growth averaging 1.5% in Cairns …read more
Today’s ABS data on the February labour force provides some much-needed good news for the economy and suggests that, at least until the impacts of the COVID-19 outbreak hit home, the labour market was doing quite well. Trend employment lifted 21,100 (seasonally adjusted was up 26,700) after some minor downward …read more
The ABS release of the short-term arrivals data for January gives us what we all knew was coming; our first look at tourism data in the COVID-19 era. Of course this data relates to the period prior to the Chinese travel ban coming into force (which started on Feb 1st). …read more
Today’s release of the Dec 2019 Labour Account data series provides a wealth of information. One thing it allows us to do is take a look at incomes across various industry sectors and how they have changed in the past 12 months. The data provides us, for each industry type, …read more
The ABS supplemented last weeks national and state residential building approvals data with their original (unadjusted) regional data this morning. When seen through the lens of the Conus Trend the data confirms the ongoing improvement in building approvals underway in the North. With Australia Trend approvals down 6.7% for the …read more
The fourth quarter GDP data released this morning was stronger than expectations, which along with upward revisions to past quarters saw the year-on-year number significantly better than had been hoped for. Seasonally adjusted GDP rose 0.5% q/q for a year-on-year increase of 2.2% (up from 1.8% in the previous quarter). …read more
We will see the latest national accounts for the fourth quarter of 2019 released by the ABS on Wednesday morning, but in the meantime the Queensland Treasury released their own State Accounts data late last week for the third quarter. While the ABS produce State Final Demand (the domestic side …read more
The release by the ABS of their original regional labour force data allows us to update the Conus/CBC Staff Selection Regional Employment Trend series for Queensland. While these January figures will have been collated prior to the full impact of the COVID-19 being felt they do at least provide some …read more
Yesterday saw the release by the ABS of their annual Business Count data which tells us the total number of businesses in the country. The data is available at national, state, SA2 and LGA level (with varying degrees of detail). For the year to June 2019 Australia added almost 62,500 …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series