The (delayed) release of the Dec 2018 International Visitor Survey from TRA (available here) shows the Tropical North falling further behind the nation and State. Nationwide international visitor numbers increased by 4.8% y/y for the year to Dec 2018 with expenditure up 8.0% y/y. The visitor gains in Queensland were …read more
The release of ABS regional labour force data for Feb allows us to update our own Conus/CBC Staff Selection Trend series; and it shows us a very strong picture emerging in Cairns. Last month we saw some unbelievably low unemployment data in the original data-set from the ABS for Cairns …read more
The ABS today released their population estimates for June 30th 2018 for regional areas. Within our region the Local Government Areas have all fared worse that the state average. Of particular interest is the fact that Townsville’s growth came in at just 0.6% for the year (down from +0.9% in …read more
A few weeks ago we wrote a post on some work we had done breaking down changes in Participation Rates in QLD regions to discover the impact that changes to the age profile of the working population had (you can read that here). That post attracted some interest and one …read more
Today’s release of the December 2018 Labour Account data series provides a wealth of data. 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 table below shows, for selected industries, the …read more
The release by the ABS of the January, original regional residential building approvals allows us to update our own Conus Trend series. With residential approvals falling sharply at both the national and state level (see here for commentary) it is no surprise to see the decline across the regions. On …read more
Further evidence out this morning confirms the ongoing improvement in the Cairns labour market. Dept of Social Service jobseeker data has been released for January and this allows us to update our Conus/CBC Staff Selection Trend series (which seasonally adjusts the original Dept data). This shows Trend Jobseekers fell again …read more
Pete spoke to Kier Shorey on ABC Far North this morning about the (unbelievable) unemployment data that was released last week (read commentary here), and he highlighted that although we can safely ignore the unemployment data, which is sure to be revised in coming months, the Conus/CBC Staff Selection Trend …read more
The ABS release of their January original, unadjusted regional Labour Force data this morning allows us to update our own Conus/CBC Staff Selection Regional Employment Trend series; and it holds some surprisingly positive news for Cairns. But first, looking more broadly across the state we see Greater Brisbane has added …read more
Many commentators have 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, but …read more