Likely to be some surprises in rates notices in the Far North

The Queensland Valuer-General has released the land valuations (upon which Councils base their rates) for 2022, and they are likely to result in some rates surprises across the Far North when rates notices go out later this year. Councils base the rates landowners pay on the Land Valuations as applied …read more

Population in the North underperforms

In the year to end June 2020 population in Australia was up 1.3%; with 41% of that increase coming from natural growth and the other 59% from external migration. In Queensland we saw growth of 1.6%; with 34% being accounted for by natural growth, 31% from internal migration and 35% …read more

Latest Conus modeling

The second quarter GDP release earlier this week (see here for details) allows us to update our Conus model for Australia, Queensland and the various LGAs in our region. Australia’s second quarter GDP fell by 7.0% q/q for a 6.3% y/y decline. Although we got data for the Queensland Q2 …read more

Trend building approvals hit record low in Cairns in June

Today saw the release of the ABS original regional building approvals data for June, which allowed us to update the Conus Trend data series. While residential approvals fell 17.3% in Queensland in June (see here for more detail) today’s data shows that it’s the regions outside Greater Brisbane where the …read more

Small Area Labour Market data for March

The Dept of Employment SALM data (Small Area Labour Market) is the only official data that provides a look at the labour markets at Local Govt and SA2 level. Although there are limitations to the data (not least of which is that it is only quarterly) it does provide us …read more

Updating our model forecasts

As new data becomes available, and the start of retsrictions being eased appears to get earlier, we have updated and expanded the reach of our GDP/GSP/GRP and unemployment forecasts. We now see Australian unemployment peaking at around 11% in the second quarter before falling back below 10% by September.  Things …read more

SALM data gives us a look at the finer grain local detail

The release by the Dept of Employment of their Small Area Labour Market (SALM) data for the September 2019 quarter, when seen through the lens of the Conus Trend SALM series, gives us our only genuine look at the detail of the labour market at the finer grain level of …read more

Major post holiday chart-dump. Employment, Tourism and Regional Building Approvals

We’ve been away for a couple of weeks and, while enjoying the delights of the Canberra Centenary Trail (and Canberra in general), quite a bit of data has landed. So, without wishing to rake over old coals and repeat commentary that you’ve no doubt already seen, I thought it worth …read more

Small Area Labour Market data points to Port Douglas and Tully as regional star performers

The Dept of Employment today released their Small Area Labour Market data for the March quarter. The headline data is presented as a smoothed 4 quarters average at both Local Govt Area and SA2 level. However, hidden in the release is the original, unsmoothed, data and from that we create the Conus Trend …read more

Small Area Labour Market data for the North

The Dept of Employment have released their Small Area Labour Market data for the December quarter. The headline data is presented as a smoothed 4 quarters average at both Local Govt Area and SA2 level. However, hidden in the release is the original, unsmoothed, data and from that we create the Conus Trend …read more

© Conus Business Consultancy Services 2024

Website created by RJ New Designs