The ABS released their regional (unadjusted) building approvals data this morning for May; we have constructed our own Conus Trend data and they show some improvement across the North. When we consider the data at the SA4 level we see that the Conus Trend has Cairns approvals up to 86 …read more
John MacKenzie from radio 4CA spoke to Pete this morning about last week’s regional jobs and industry data as well as yesterday’s Census release. You can hear the interview below.
Today’s release of the 2016 Census data needs to be looked at carefully when considering the Cairns region. The de-amalgamation of Cairns Regional and Douglas Shire Councils in Jan 2014 makes comparison with the previous 2011 Census problematic. In order to make the comparisons we have added the Douglas Shire …read more
The ABS present quarterly data for industry employment at a regional level. However, the data they supply is only available on an unadjusted 4-quarters average basis for the SA4 regions. This means that the data as presented paints a very delayed picture of the actual employment reality within the regions. …read more
The ABS regional jobs data for May was released this morning and we have completed our Conus Trend analysis. What it shows is the regions doing far better than Greater Brisbane on almost all measures. Over the year to May Trend jobs were up 31,000 in QLD, but 23,400 of …read more
As we have been expecting for some time, today saw the release of some major revisions to domestic tourism numbers for TNQ. Tourism Research Australia have released the National Visitor Survey report for the March 2017 quarter (available here) along with revisions to data going back to the 2014 year …read more
Last week saw the release of the Dept of Employment Small Area Labour Market data for the March quarter. This series is based on ABS data as well as Centrelink and Census data and is the only reliable source of unemployment information at a Local Government Area level. However, the …read more
Kier Shorey at ABC Far North, and John MacKenzie from 4CA, both spoke to Pete this morning about yesterday’s International Visitor Survey and what it held for TNQ. You can listen below, and read yesterday’s analysis on the IVS here. Yesterday also saw the GDP release and, as usual, this …read more
Today’s release by TRA of the International Visitor Survey for March 2017 (available here) shows international visitors up by 9.2% y/y with expenditure up 8.1%. Numbers to Queensland were also up strongly (+6.8%), although expenditure rose just 2.6% y/y. However, as a result the Sunshine State’s share of the international …read more
Today sees the release of the April regional Building Approvals data from the ABS. As always we focus on the Conus Trend data series rather than the highly volatile original series as presented by the ABS. Looking at the SA4 level first, we see Cairns approvals stable at a Trend …read more