Some months ago we considered the impacts of changes in age and sex demographics within the labour force and the impact this was having on Participation Rates across Queensland. You can read the original post here which outlines the methodology used to split out the Propensity and Demographic Impacts within …read more
The ABS original regional labour force data for April allows us to update our own Conus/CBC Staff Selection Trend series. With the Trend unemployment rate in Queensland dropping slightly in April to 5.9% (from 6.0%) we might have expected some modest imprivements in our regional data. The Trend unemployment rate …read more
Following the RBA’s acknowledgement earlier this month that they would be careful watching employment data in coming months before making a determination about any future rate cut, today’s release of April’s data will have done little to clarify matters one way or the other. On the downside the headline (seasonally …read more
The short term Arrivals and Departures data for March show international visitor growth into Australia has slowed further as Chinese visitor numbers slide backwards. The ABS Trend series shows short term international arrivals grew at just 2.2% for the year to March, its slowest pace since Jan 2012. Visitors from …read more
The release from the ABS of original residential building approvals data for March allows us to update our own Queensland SA4, and Northern LGA regional Conus Trend series. While the ABS Trend data showed approvals down 35.1% y/y across Queensland the Conus Trend allows us to see that Greater Brisbane …read more
The Dept of Social Services Jobseekers data for March has been released which allows us to estimate our Conus Trend series from the original, unadjusted data. What it shows us is further falls in the number of people claiming either Newstart or Youth Allowance in the North. Our Conus/CBC Staff …read more
The March data from the ABS released this morning confirm (to no-one’s surprise) that the slide in residential Building Approvals continues apace. Nationwide, the seasonally adjusted series showed a 15.5% m/m decline (after a 19.1% m/m increase in Feb); but it precisely this kind of wild volatility that makes us …read more
The release of the December quarter Public Sector work force data (which was released over the weekend) shows (again) that the Government’s fiscal principle of keeping full-time equivalent Public Sector employment growth to that of population growth has not been met. FTE growth in the year to Dec 2018 was +3.0%, well above …read more
The release by the ABS of their original, unadjusted regional labour force data allows us to update our own Conus/CBC Staff Selection Regional Employment Trend series for Queensland. What we see is the employment picture improving much better in the Rest of QLD than Greater Brisbane with Cairns now a …read more
The (delayed) release of the National Visitor Survey for the Dec 2018 quarter from Tourism Research Australia will ave come as a very welcome Easter present for TTNQ and the industry in the Far North. While domestic overnight visits were up up 8.6% across the nation, Queensland saw a 10.6% …read more