Today saw the release of the ABS original regional employment data. As always, we prefer to focus on this data through the lens of the Conus/CBC Staff Selection Employment Trend. When doing so we see a Tale of Two Cities in the North of the state. Cairns once again sees …read more
This morning’s release of domestic tourism data for the March quarter from Tourism Research Australia (National Visitor Survey available here) will be very happy reading for TTNQ. It shows the Tropical North outperforming, by a country mile, the State and National figures. Overnight domestic visitors increased by 6.7% across the …read more
Today’s short term arrivals and departures data for April give us a tantalising suggestion that Queensland might just be getting its tourism mojo back. The TRA International Visitor Survey (which was due on June 6th) for the March quarter is yet to be released and that will help to confirm, …read more
Pete spoke to Kier Shorey on ABC Far North this morning about the latest SALM data and what we can learn from it for the Cairns region. You can listen to what he said below… Note…Pete made a slip-up in the discussion: Cairns City SA2 actually falls within the Cairns-South …read more
Each quarter the Dept of Employment produces their Small Area Labour Market (SALM) data. While we have previously concentrated our interest on the data at the Local Govt Area level (as it is the only quarterly labour force data available at this level) SALM also provides us with data at …read more
The Dept of Employment recently released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to March 2018. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of …read more
Today’s labour force data for May was somewhat below market expectations. Seasonally adjusted employment rose by 12,000 (and April was revised weaker) but all the growth came in part-time employment with full-time dropping 20,600. Over the course for the past year employment is now up 303,900 but full-time has increased …read more
Yesterday’s Queensland Budget for 2018-19 was a disappointment to us largely due to the lack of any attempt to reign in the ballooning public sector employment costs. It is this issue (rather than increasing debt levels) that concerns us greatly and we believe that without serious efforts to control the …read more
As we wait for the release of the 2018-19 Queensland Budget this afternoon (or at least the parts of it that haven’t already been announced) we wanted to focus attention on the employee costs component. Much attention will be given over to the infrastructure promises which will be made, and …read more
The release by Queensland Treasury of the State Accounts for the fourth quarter of 2017 has finally appeared just a few days out from the State Budget next week. While the ABS produce Gross State Product (GSP) data only on an annual basis for the June quarter, the QLD Treasury produce …read more