Some best-guess COVID-19 impacted forecasts

Now that things on the COVID-19 front appear to have settled down a little, policy initiatives are clearer, and it is looking more and more unlikely that we are going to see significantly more restrictive lock-downs we feel able to take some educated guesses about what the economic fall-out might …read more

International & National Visitor Surveys provide no joy for TNQ

Tourism Research Australia have released their International and National Visitor Surveys for the year to Dec 2019 today (see here). This will be the last tourism data set we see before the impacts of COVID-19 and the travel bans start to show up in the March quarter. Australia saw international …read more

Regional Building Approvals; the North doing better than most

The release this morning by the ABS of their original regional approvals data for Feb allows us to update our own Conus Trend series. What we see is that, while Trend approvals across QLD fell 3.5% y/y, in Greater Brisbane the decline was just 2.1% with the Rest of Queensland …read more

It’s largely irrelevant now; but Feb Trend data shows Cairns employment strong before COVID-19 came along

The release by the ABS of their original regional labour force data for Feb allows us to update our Conus/CBC Staff Selection Regional Employment Trend data. What it shows is a very strong labour market in the Cairns region before the impact of the COVID-19 outbreak was felt. Whilst this …read more

Population growth in Cairns slows sharply

The ABS release of regional population estimates to June 2019 shows that growth in the Cairns SA4 region has slowed sharply to just 0.75% for the year. This is just half the rate of the Queensland Government’s own forecast (released in early 2019) which saw growth averaging 1.5% in Cairns …read more

Quarterly Labour Account provides an insight into which industries enjoyed the better 2019

Today’s release of the Dec 2019 Labour Account data series provides a wealth of information. One thing it allows us to do is take a  look at incomes across various industry sectors and how they have changed in the past 12 months. The data provides us, for each industry type, …read more

January regional labour force data provides some good news for the North

The release by the ABS of their original regional labour force data allows us to update the Conus/CBC Staff Selection Regional Employment Trend series for Queensland. While these January figures will have been collated prior to the full impact of the COVID-19 being felt they do at least provide some …read more

Business Count data shows the rise of the Uber driver

Yesterday saw the release by the ABS of their annual Business Count data which tells us the total number of businesses in the country. The data is available at national, state, SA2 and LGA level (with varying degrees of detail). For the year to June 2019 Australia added almost 62,500 …read more

SALM data gives us a look at the finer grain local detail

The release by the Dept of Employment of their Small Area Labour Market (SALM) data for the September 2019 quarter, when seen through the lens of the Conus Trend SALM series, gives us our only genuine look at the detail of the labour market at the finer grain level of …read more

How bad will the Chinese travel ban be for Cairns and TNQ?

As the government stops all Chinese visitors from entering the country in response to the coronavirus outbreak, economists are scrambling to try and work out the likely impact on the Australian economy from the hit to tourism and student expenditure. It’s clearly something of a guessing game but, as reported …read more

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