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
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
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
Across the major states of Victoria, NSW and Queensland there is an interesting (and worrying) story centred on youth employment. Only in Victoria do we see Trend* employment growth in the youth cohort (15 to 24 year old) outstripping that of the state as a whole. While Victoria saw Trend …read more
Short term arrivals data for July shows a 3.3% y/y increase (Trend) to a new record high just shy of 800,000. This despite the fact that arrivals from China (still the largest single market) have slowed dramatically and are up just 1.0% y/y. Even this modest rise takes Chinese arrivals …read more
The Brotherhood of St Laurence has released a report looking at the issue of high youth unemployment rates across the country (report here) The report paints a dismal picture of high levels of youth unemployment across the nation, although they use a simple 12 month moving average of the original …read more
Working from the Dept of Employment quarterly (unsmoothed original) Small Area Labour Market data we have recently added to our QLD Local Government Area Trend series by expanding to cover all the LGAs in NSW. For the quarter to Dec 2017 the highest level of Trend unemployment in NSW was …read more
Today’s release of short term arrivals and departures data from the ABS for Dec show arrivals grew by 4% (seasonally adjusted) and 5.8% (Trend) on the same time a year ago. Growth from China continues to be strong, up 10.1% for the year (Trend). Short term departures of residents grew …read more
I was spurred into action this week by an article from John McCarthy in the Courier MailĀ (see here) in which he discussed the ABS data for theĀ median length of time job seekers are spending looking for work. It’s not a data set that I’ve previously looked at much but …read more
For years we have been bemoaning the lack of quality data provided by the ABS at a regional (SA4) level. In particular the labour market data has been a major gripe of ours. How can we expect State and Local Governments to be making sensible policy decisions when they are …read more