The latest ABS Monthly Household Spending Indicator (May 2026) confirms a milestone worth pausing on. Discretionary spending growth crossed above non-discretionary in March, the first time that has happened in this cost-of-living cycle, and the gap has widened in each month since. By May, Trend discretionary spending was up 5.2% …read more
The ABS have just released population data to the end of 2025. This post takes a look at Queensland’s population growth over the past four decades. The data tells a clear structural story, and the interesting part is in the composition rather than the headline. Averaged by financial year, the …read more
Queensland continues to demonstrate economic resilience, with the latest December data showing the state significantly outperforming the national average in household spending. Whether looking at current prices or inflation-adjusted chain volumes, the Sunshine State is doing well. Key Takeaways: Robust Growth Across the Board Queensland’s total trend household spending rose …read more
If you would rather listen to an AI-generated podcast about this analysis you can! Listen here. Introduction The success of Northern Australia’s development hinges on effectively harnessing its human capital. Our research reveals a critical, and often underestimated, factor in this equation: the dramatic increase in female labour force participation …read more
While the Trend unemployment rate in Australia remains remarkably stable (stuck between 4.0% and 4.1% for more than a year), we are seeing some clear signs of the gradual easing in the labour market coming from the JobSeeker data. In March the Conus Trend estimate for JobSeekers edged higher to …read more
While the nation’s economy (GDP) grew by just 1.5% in the financial year 2023/24, today’s State Accounts release from the ABS shows that Queensland achieved a healthier result. Gross State Product increased by 2.1%. Over the past 4 years while GDP has risen 11.4%, Queensland’s GSP is up a rather …read more
The quarterly Labour Account data from the ABS showed that in the year to June 2024 average income across Australia grew at 2.8% yy. In Queensland (based on Conus analysis of the Labour Account and the split of industry employment relative to the nation) we estimate the figure was a …read more
For the first time since Feb 2023 Residential Building Approvals in Queensland are up a year-on-year basis (+3.9%) having now risen for each of the past 4 months. While they still remain at historically low levels, this is a much better performance than at the national level where approvals remain …read more
The data from Cairns Airport for July shows a very solid pick up in both international and domestic passenger numbers. Our Trend estimate suggests that total monthly numbers are now approaching 400,000 which is only 7.5% below pre-COVID levels at this time of year. Most of this shortfall is from …read more
Data for the May 2023 quarter shows that while Public Sector employment across the nation has remained relatively static over recent quarters, here in Queensland there has been a distinct move up. Since August 2014 Public Sector employment across Australia has grown by 37.8%, far outstripping the Private Sector which …read more