The release of the Public Sector employment data for the March 2018 quarter allows us to take a look at which regions have seen the greatest increases in the past 12 months, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase …read more
We’ve managed to get our hands on some supplemental data from this week’s International Visitor Survey for the year to March 2018 (see our post from earlier here) which confirms that the very poor performance for the TNQ region is due in no small part to a quite dramatic slide …read more
Yesterday’s release of the June Labour Force data painted an unexpectedly bright picture for the nation. Seasonally adjusted employment jumped by 50,900 with 41,200 of those full-time positions. Despite the rise in employment the unemployment rate stayed stuck at 5.4% (Trend 5.4%) on the back of an encouraging move higher …read more
Today saw the release by Tourism Research Australia of the (delayed) International Visitor Survey for the year to March 2018 (available here), and while it’s good news for Australia (and to a lesser degree Queensland) the results are very disappointing for the Tropical North. International visitors to Australia were up …read more
Today saw the release of the ABS short term arrivals and departures data for May. It shows arrivals up 4.4% from a year ago while the running annual total is now 5.8% higher than a year ago. This is, however, the slowest pace of annual growth since May 2015. Chinese …read more
With Australian and Queensland residential building approvals having fallen again in May (see here for details) it’s perhaps no surprise to see approvals at the regional level also falling. Based on our own Conus Trend series derived from the original ABS data at SA4 level, we see that Trend approvals …read more
The release by Tourism Research Australia of the 2016-17 Regional Tourism Satellite Accounts (available here) confirms the poor performance of tourism in the TNQ region that we’ve been discussing for some time. The graphic below (from TEQ) highlights the problems.Tourism Gross Regional Product (GSP) fell in TNQ by 1.7% while …read more
The May Building Approvals data released today was somewhat weaker than had been anticipated, and were particularly poor for Queensland. Across the nation Approvals (seasonally adjusted) fell 3.2% for the month and are now up just 3.1% for the year. In Trend terms the monthly decline (and the seventh such …read more
The quarterly industry employment data from the ABS (and more specifically the Conus Industry Employment Trend data derived from it) allows us to take a look at how three of the more important industry sectors for Cairns employment have been tracking compared to the Gold Coast. The charts below show …read more
We recently saw the release by the Dept of Social Services of the May jobseeker data and allows us to update and release our own Conus/CBC Staff Selection Jobseeker Trend series. The original, unadjusted data for Cairns (made up of 5 relevant SA3 areas) shows the number of jobseekers decreased slightly in …read more