The latest Google Mobility data (to 9th May) suggests that Cairns, in particular, has performed very strongly after the slow-down caused by ANZAC Day, Easter and a very wet period of weather a couple of weeks ago. The 7-day average mobility indicator for Cairns now sits at just 0.2% (and …read more
March data today from the ABS allows us to update our Conus Trend series for regional building approvals in Queensland and, once again, it shows approvals in the regions booming. While approvals across the nation were up 47.4% y/y (s.a.) in Queensland the rate of growth was an even more …read more
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
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
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
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
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
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
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
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