Dec quarter inflation came in this morning pretty much as people were expecting…that is, weak. CPI rose just 0.5% for the quarter which sees the annual rate drop to 1.8% (from 1.9% previously). The more closely watched measures (at least by the RBA) of core inflation, the trimmed mean and …read more
Today’s Labour Force data for Dec from the ABS once again shows the headline, seasonally adjusted unemployment rate dropping (to 5.0% from 5.1%) on the back of a further lift in employment and a slight dip in Participation. The nation added 21,600 to those employed, although they were all in …read more
Pete spoke to John MacKenzie on radio 4CA this morning about the growth in part-time work in Cairns, on the back of an article in today’s Cairns Post. You can listen to the interview below.
The Dept of Employment today released their Small Area Labour Market data for the September quarter. The headline data is presented as a smoothed 4 quarters average at both Local Govt Area and SA2 level. However, hidden in the release is the original, unsmoothed, data and from that we create the Conus Trend …read more
The ABS Overseas Arrivals and Departures data for November, released this morning, shows short term arrivals to Australia growing at 4.4% y/y (seasonally adjusted). Departures (original data) are up 4.0% annually and have been growing at close to this rate for the past year. The rapid growth we have been …read more
Today saw the release of the regional residential building approvals data from the ABS which allows us to update our own Conus Trend series; and what it shows is, as expected, the slowdown in the Far North continues with Townsville especially weak. With Trend approvals in Queensland falling in November …read more
Last month saw the release of the Labour Account series which provided details of income growth rates for various industry sectors (see here for our post at the time). Given the various income growth rates across industry sectors and combining this with the industry employment breakdown at the regional level …read more
The release by the Dept of Social Services of their Labour Market and Related Payments data for Nov allows us to update our Conus/CBC Staff Selection Jobseeker Trend data for Cairns and Townsville. It shows Trend jobseeker numbers in both regions have fallen in the past year; Cairns down 703 …read more
We have returned from a few weeks away over the New Year and now have a chance to take a look at the tourism data released by Tourism Research Australia (and available here) while we were away. The (delayed) International Visitor Survey was released at the same time as the …read more
The release of the September quarter Public Sector work force data (which was released late in the afternoon on the Friday before Christmas presumably to avoid much commentary!) 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 …read more