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The Queensland Government projections of future population growth are an important indicator as they will be used to determine infrastructure planning into the future. The most recent version shows projections out to 2041 at both SA4 and LGA level; and this is what they tell us about the Government’s projections …read more
The simple answer to the question posed above, at least based on ABS data for Sept released today, would be ‘probably’. The Trend data for short-term arrivals into Australia from China shows a 1.3% increase over the year to Sept, following on from a 0.9% increase the month before. To …read more
Yesterday we saw the release of the ABS Labour Force data which confirmed the seasonally adjusted unemployment rate at 5%, while the Trend rate dropped to 5.1% (see here for details). Trend employment growth, despite having slowed recently, remains robust at 2.3% for the year. The country has added about …read more
Today’s labour force data for Oct has surprised the markets with another strong increase in employment (+32,800 seasonally adjusted) after the apparently strange Sept numbers (see here for the details). Expectations had centred around an increase in employment of around 20,000 with the unemployment rate rising slightly to 5.1%. In fact …read more
After seeing the weak residential building approvals Sept data for Australia and Queensland last week which showed Trend approvals in Queensland down 7.1% for the year (see here) it’s not surprising to see the regional data released today showing things slipping in our region. The Conus Trend for Sept shows …read more
The Dept of Social Services original data on the Youth Allowance and Newstart Recipients for September allows us to update our own Conus/CBC Staff Selection Jobseeker Trend series for Cairns and Townsville SA4s. Trend jobseekers have again fallen in both areas; although Cairns continues to do rather better than Townsville. …read more
We have finally got the much-delayed International Visitor Survey results for the June 2018 quarter from Tourism Research Australia (see here). We should note that TRA acknowledge continued issues with regard to this data and we may see revisions to this data in months to come. Nevertheless, today’s release appears …read more
Largely as the markets had been expecting, CPI for the third quarter showed a slowdown from the heady (?) 2.1% pace of the second quarter and settled back to sub-2%. The quarter on quarter CPI change was +0.4% for a yr/yr rate of 1.9%. However, for those looking more closely, …read more
Sept Building Approvals data showed a 3.3% gain on the month across the country, which still leaves things 14.1% lower for the year (seasonally adjusted). The less lumpy Trend series showed a 1.9% drop for the month and a fall of 12.9% for the year House approvals are down 6.7% …read more
The ABS release of their original regional labour force September data allows us to update our own Conus/CBC Staff Selection Regional Employment Trends for Queensland; and they show us a positive picture for Cairns. The national and state-wide data released last week (see commentary here) saw the headline unemployment rates …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series