The ABS have just released the March 2021 quarter Labour Account data series which 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 …read more
According to Google Mobility data people are still coming into Cairns in large numbers. The area saw a sharp move higher on the back of the Easter and school holidays and that boost is still largely intact. Compared to other tourism regions throughout the State Cairns is also doing very …read more
With the JobKeeper support ending there had been concern that we would see a drop in employment levels in Cairns as businesses still suffering from the loss of international visitors had to let staff go. Although this is early days, and we have only one month of post-JobKeeper data to …read more
The Google Mobility Index (which tracks Android phone users location data when opted-in) shows what much of the anecdotal evidence suggests; Cairns has been busy, especially since the start of the Easter holidays. While the national 7-day average sits 6.7% below its benchmark level from Jan 2020 and Queensland is …read more
Data for April shows those receiving JobSeeker and Youth Allowance (other) payments fell by 9.2% from March (or about 120,000 people) despite JobKeeper ending. However, there is a caveat; the eligibility for two groups of people (those with partners earning more than $2,079.50 a fortnight, and those permanent residents who …read more
The number of job vacancies being advertised online has jumped again in April, up 3.3% (seasonally adjusted) since March and now more than double where they sat a year ago, and at more than 12-year highs. In Queensland the seasonally adjusted data shows a slight decline in April (down 1.3%) …read more
Agriculture is a major driver of the regional economy in the Cairns region. In the 2019-20 Financial Year the sector grew or reared over $1.1 billion of produce. The vast bulk of that comes in the form of sugar cane and bananas, which together account for about 70% of the …read more
Data released today for the 2019-20 financial year shows the Cairns region saw a very strong increase from last year in the value of agricultural production on the back of a surge in bananas. Across the nation the value of agricultural production increased just 0.4%, to $60.7 bn, with the …read more
The latest Google Mobility data (to 9th May) suggests that Cairns, in particular, has performed very strongly after the slow-down caused by ANZAC Day, Easter and a very wet period of weather a couple of weeks ago. The 7-day average mobility indicator for Cairns now sits at just 0.2% (and …read more
March data today from the ABS allows us to update our Conus Trend series for regional building approvals in Queensland and, once again, it shows approvals in the regions booming. While approvals across the nation were up 47.4% y/y (s.a.) in Queensland the rate of growth was an even more …read more