Last week we saw the ABS release of building approvals data for February demonstrate that (on a Trend basis) Queensland was still doing somewhat better than the nation with approvals growth of 6.9% y/y versus 5.5% for Australia as a whole. This week the regional data shows us that the Far …read more
Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). When looking …read more
Today saw the release of the Feb monthly Regional Labour Force and the quarterly regional Industry employment data. Both data-sets are best seen through the lens of the Conus Trend series, so we shall start with the monthly data. Employment growth across QLD remains strong at 4.7% y/y (see here …read more
Today saw the release of the 2016 Socio-Economic Indexes for Areas (SEIFA), last seen in 2011. There are a number of indexes included in the release which tell us about relative socio-economic advantage and/or disadvantage of local areas down to the SA1 area, which are based on the 2016 Census data. …read more
After some disappointing quarters for international tourism, including from China, into the Far North (see here for details), and the detrimental impact of the charter flight fiasco in the 2017 Chinese New Year it’s certainly encouraging to see TTNQ releasing some positive data relating to this year’s New Year period. …read more
Today’s release of the International Visitor Survey for the year to Dec 2017 from Tourism Research Australia (available here) is once again bad news for TNQ. Despite visitor numbers to Australia increasing by 6.5% for the year to Dec, and those to Queensland up a less impressive 4.3%, the number …read more
The Dept of Employment recently released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to December. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of unemployment …read more
Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). When looking …read more
Today’s release by the ABS of regional jobs data is best seen through the lens of the Conus Trend series. What this shows us is Trend unemployment in Greater Brisbane at 5.8% while the Rest of Queensland sits at 6.1%, However, over the past year Greater Brisbane (with employment growth …read more
There’s been plenty of interest in tourism following my post yesterday (see here) on the latest ABS Arrivals and Departures data. ABC Far North ran the story in their news bulletins this morning and later in the day I spoke to John McKenzie at radio 4CA; you can listen to …read more