Data released today by the Dept of Social Services show that JobSeekers (those receiving JobSeeker and Youth Allowance (other) payments) fell in July in Queensland by 6.1% m/m; this was the best performance of all States and Territories. Across Australia JobSeekers were down just 2.1% due to an increases in …read more
The recent and ongoing lockdowns in NSW, ACT and Melbourne are obviously having a significant effect on the tourism sector in the Far North. The data from Cairns Airport for July passenger numbers clearly shows the beginnings of that effect being felt with passenger numbers down 12.5% from June. Given …read more
Cairns Airport have reported a 12.5% m/m drop in total passenger numbers in July as the impact of the Sydney and Melbourne lock-downs hit home. Over the course of the past 12 months total passenger numbers through the airport are down 29.3% from the same period a year ago. Nevertheless, …read more
Today’s’ ABS original regional building approvals data for June allows us to update our Conus Trend series for Queensland regions. As we saw last week QLD’s rate of growth of approvals fell to 38.5% y/y (seasonally adjusted) in June; it had been as high as 86.6% in March. What today’s …read more
The lockdowns in Greater Sydney, Victoria and South Australia have seen Google Mobility averages across Australia decline (for the 7-day average to 25th July) to their lowest level since 11th May last year. Queensland, where the most recent lockdown was short and sharp in late-June/early-July, now sits with the best …read more
The ABS original regional Labour Force data for June allows us to update our own Conus/CBC Staff Selection Regional Employment Trend & s.a. series. This shows that the solid growth in employment seen across the State (see here for details) last week is reflected in both Greater Brisbane and the …read more
The final data for JobSeekers from the Dept of Social Services for June was released this morning. It shows another decline across the nation to 1.1 million people who are receiving either JobSeeker or Youth Allowance (other) payments, a decline of 31% from a year ago. Queensland has also fallen …read more
In the face of lock-downs across the country earlier in the month (which continue in Sydney) Google Mobility data confirms that Cairns managed to escape relatively unscathed and, as a result, has opened up a significant gap with many other regions. There did appear to be a short-lived, and small …read more
Data from Cairns Airport shows total passenger numbers dipped again slightly in June, although this is to be expected as May and June are seasonally weaker months for airport arrivals. The Conus derived Trend remains strong and is up 297% from a year earlier. While international passengers have essentially disappeared …read more
Having seen an easing in residential building approvals both nationally and at the State level reported last week it is no surprise to see the same trend playing out at the regional level in Queensland. ABS original data to May, when seen through the lens of the Conus Trend, sees …read more