Google data suggests things have started to improve again

After a period of stagnation in the Google Community Mobility data over recent weeks on the back of the Melbourne lock-down we are starting to see some evidence of activity picking up again. The most recent data to 28th August shows Victoria coming off recent lows and all other states …read more

JobSeekers fall in Queensland and Cairns as the better health outcomes pay dividends

Today sees yet more evidence of the better economic outcomes coming from the better health situation being enjoyed by Queensland. Original JobSeeker data from the Dept of Social Services for July showed recipients up over 7,000 across the nation (+0.4% m/m). NSW added almost 1,500 (+0.3% m/m) while Victoria, not …read more

Weekly Payrolls Data shows QLD +0.9% m/m while VIC is down 1.5% m/m

The divergence between those states enjoying a better health outcomes and those not has become clearer with the release this morning of the ABS Weekly Payrolls data to July 25th (sourced from the ATO Single Touch Payroll system). While payrolls fell 0.1% m/m across Australia, QLD saw a 0.9% increase. …read more

Updated Google Mobility data

Last week we posted using the Google Mobility Data (Google LLC “Google COVID-19 Community Mobility Reports”. www.google.com/covid19/mobility/ Accessed: 10/8/20) as a proxy for economic activity (see here for the full details). Google’s data has now been updated to 4th August so we have updated our two measures (‘Activity’ and ‘Economic Activity’). …read more

Google mobility data as a proxy for economic activity

Google have been providing data on their “Community Mobility Indexes” for some time  to help track the impacts of COVID-19 (you can get further details here). The indexes measure movement in six categories; Grocery & pharmacy Mobility trends for places like grocery markets, food warehouses, farmers markets, specialty food shops, …read more

March arrivals data looks horrible…and it’s only likely to get worse

The March Arrivals and Departures data from the ABS this morning, while looking horrible, is likely to be eclipsed by even more disturbing numbers in the future. March saw a decline of 59.9% in short term international arrivals from the same month a year ago Over the course of the …read more

Public Sector employment in Queensland fell last quarter; second quarter of annual declines

Despite some of commentary that still runs along the lines of “Queensland’s jobs growth is all down to the State Govt hiring“, the latest data from the ABS for the quarter to Feb shows that reality is actually quite the reverse, at least over the course of the past 18 …read more

Short term arrivals and departures data points to further under-performance in QLD

As ABS Oct data shows Chinese visitations continuing to grow (+4.5% y/y) leading total short term arrivals higher (+3.1%), the State of Intended Stay data, when seen through the lens of the Conus Trend, shows Queensland (once again) underperforming against most other states. With total Trend short term visitations up …read more

Diversity in regional economies in QLD and NSW

Last week at the launch of the Invest Cairns initiative from The Cairns Post and Advance Cairns the issue of economic diversity, and in particular the diversity of the Cairns economy, was a major topic of conversation. My presentation at the launch presented some clear evidence that the Cairns economy …read more

Chinese arrivals’ growth improves but QLD slips further as State of Intended Stay

The ABS Arrivals and Departures data for Sept shows total short-term arrivals to Australia were up 4.0% y/y (Trend) to another new record high of 809,700. Arrivals from China, which had been fairly stable earlier in the year, have shown a return to good growth (+4.5% y/y), also to a …read more

© Conus Business Consultancy Services 2020

Website created by RJ New Designs