Cairns improves in March before removal of JobKeeper

The ABS original regional data for March released this morning allows us to update the Conus/CBC Staff Selection series. This shows employment growth at a slightly higher level in Greater Brisbane (+4.7% Trend and +2.8% s.a.) than in the Rest of QLD (+4.0% Trend and +2.1% s.a.) with 108,600 new …read more

What’s driving changes in Participation in QLD’s regions?

Much has been written about movements in the Participation Rate (PR) and the impact this has on unemployment rates; if participation increases then any decline in the unemployment rate is harder to achieve with more people entering the labour force (and vice versa). The discussion is certainly a valid one, …read more

JobSeeker recipients fall further in March

Dept of Social Services dats for March shows original number of JobSeeker recipients across Australia fell in March to 1.3 million (down 4.5% m/m and up 46.3% y/y). This is a 20.7% decline from the highs seen in May last year. In Queensland numbers also fell, here by 3.4% m/m …read more

Pre-Easter data from Cairns Airport shows the improvement is ongoing

Data overnight from Cairns Airport shows total passenger numbers in March rebounded sharply after the weakness of the February data (as expected). The start of the Government’s discounted half-price tickets, and the Easter holidays, should see a sharp improvement again in the April data. While the 3-month average fell slightly …read more

Cairns Google Mobility data suggests a strong start to Easter

The Google Mobility data allows us to see how various regions have been performing based on how much people have been moving around (with their mobile phones). The latest data up to 2nd April shows that Cairns has been doing particularly well and the 2-and-a-half day Brisbane lock-down appears to …read more

Population in the North underperforms

In the year to end June 2020 population in Australia was up 1.3%; with 41% of that increase coming from natural growth and the other 59% from external migration. In Queensland we saw growth of 1.6%; with 34% being accounted for by natural growth, 31% from internal migration and 35% …read more

New monthly snapshot report for Cairns

We’re delighted to be involved in the launch of a new, free, monthly snapshot report focused on the Cairns economy. The Cairns Report will cover the employment, construction, tourism and real estate sectors as well as regular special topics. You can subscribe for free to be the first to receive …read more

Regional domestic tourism in QLD powers ahead…as does disappointment with tourism support in the North

We’re still waiting for the December quarter National Visitor Survey from Tourism Research Australia, which we allow us to see how domestic tourism has been doing region by region. But in the meantime TRA have just released their NVS Monthly Snapshot for December, and what is shows is domestic tourism …read more

Building Approvals stay strong in the North

Despite some weakness in the national and state data for January, which showed some significant month-on-month declines (see here for details), figures released today for the regions show that strength was maintained in the North. The data for the SA4 regions in Queensland, when seen through the lens of the …read more

Cairns unemployment rate falls again but things are not all rosy

Once again we see a drop in the Conus/CBC Staff Selection Trend unemployment rate with the January data showing 5.4%. However, before we get too excited about what appears to be very positive news we should note that the reason for the fall is not improving employment but rather a …read more

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