Insights from the new Labour Account Australia data from ABS

Yesterday the ABS released for the first time their experimental data series Labour Account Australia. In the ABS’s own words..”This publication presents experimental estimates for the Australian Labour Account for the period 2010–11 to 2015–16. The Australian Labour Account consists of eleven sets of tables focusing on four central quadrants …read more

CCIQ Queensland Economic Update using Conus Trend Industry Jobs data

We are delighted to see CCIQ making extensive use of the Conus Trend Industry Jobs data series in their Queensland Economic Update (download it here). The use of the Trend data allows a much clearer and timely picture of regional jobs in the various industries across Queensland than previously available. …read more

Jobs report as expected; but it’s generally good news

The ABS jobs data for June shows a total of 14,000 new jobs (seasonally adjusted) which was just slightly lower than market consensus expectations of a 14.4K increase. As expected the unemployment rate came in unchanged at 5.6% (after May was revised up from 5.5%). The good news lies in …read more

Is North Queensland being dudded by Brisbane? Not according to the data.

A fascinating post from Gene Tunny at Adept Economics over the weekend which attempts to dispel the (widely held) view that the North of the state has received less than its “fair share” of capital expenditure from Brisbane. Is North Qld under-funded by the State Government relative to the South East? …read more

Tourism boom continues as departures exceed 10 million in 12 months for first time

In the past 12 months more than 10 million Aussies have travelled abroad for the first time ever. New data for May from the ABS shows that, over the past 12 months, 10,019,900 short-term departures have been made from the country; a new record. Departures are up 7.6% from a …read more

Regional Building Approvals data shows some improvement in the North

The ABS released their regional (unadjusted) building approvals data this morning for May; we have constructed our own Conus Trend data and they show some improvement across the North. When we consider the data at the SA4 level we see that the Conus Trend has Cairns approvals up to 86 …read more

Building Approvals dip nationwide but QLD might be doing better

The ABS data for Building Approvals for May came in significantly weaker than had been expected with a fall of 5.6% m/m seasonally adjusted for a 19.7% decline on the year. The more stable (less interesting, and therefore less commented upon…but more reliable as an indicator) Trend series had approvals …read more

The Cassowary Coast Budget…a closer look

The Cassowary Coast Regional Council brought down their 2017-18 Budget earlier this week with a 1.65% general rate increase and balanced budgets projected into the future. Much was also made of the Council’s decision to pay off some $19 million of debt early to become debt-free as of this year. …read more

Pete talking to John MacKenzie on radio 4CA about jobs and the Census

John  MacKenzie from radio 4CA spoke to Pete this morning about last week’s regional jobs and industry data as well as yesterday’s Census release. You can hear the interview below.

Pete on ABC Far North with Census insights for the Far North

Pete spoke to Adam Stephen on ABC Far North this afternoon about some of the trends for the Far North hidden in the Census data. You can listen below.

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