Domestic tourism; the Far North’s saviour for now

As we noted a few weeks ago when the National Visitor Survey results for the June quarter came out (see here for details), the Far North had done somewhat better (although with an almost 13% drop in visitor numbers ‘better’ is relative) than the nation as a whole. Today we …read more

Regional jobs data looking good in the North

Last week we noted that increases in participation across Queensland saw the headline unemployment rate lift despite some solid employment growth (see here for details). Today’s regional data, when seen through the lens of the Conus/CBC Staff Selection Trend data, allows us to see how that played out across the …read more

Google Community Mobility data shows the country recovering as Victoria emerges from its lockdown

With restrictions slowly being relaxed in Victoria the latest Google Community Mobility data (to Oct 16th) shows that economic life across the nation continues to, slowly, improve. Using our Economic Activity Index (the 7-day moving average of the Google Community Indexes without the Parks and Residential measures) we see activity …read more

JobSeekers data continues to improve….

We’ve been away for a few days…..here’s a hint as to what we’ve been doing….. …so have only today been able to look at the latest JobSeeker data for September which was released last week. Jobseekers across the nation fell by 3.6% for the month and are now down to …read more

Pretty good jobs numbers for QLD; despite the headline unemployment rate moving higher again

Once again in Sept the ABS Labour Force data provides a complex and rather confusing picture. Across the nation employment fell slightly (down 29,500) which was somewhat better than had been expected. Despite a very small decline in the participation rate this saw the headline unemployment rate nudge back up …read more

Cairns building approvals hit a 2-year high

Last week saw the national and state residential building approvals data for August (see here for details), today we got the original ABS regional data which allows us to update our Conus Trend series. Although approvals in Queensland were up 12.0% from a year ago, today’s data shows us that …read more

It’s small business that’s taking the jobs hit

The weekly payrolls data from the ABS up to 19th Sept shows that it’s small businesses (fewer than 20 employees) which are suffering the highest job losses; a situation only likely to have been further exacerbated as the JobKeeper stimulus began to wind-back from the end of Sept. While total …read more

Google Mobility data shows QLD’s regions leading the State’s performance

After a spell of limited data coming from the Google Community Mobility data (due to them revising a few of the indexes) we now have data up to the end of Sept (data available here). The combined indexes show a generally stabilising trend over recent weeks. Victoria has partially recovered …read more

National Visitor Survey confirms TNQ did ‘better’ than most regions in year to June

The release today by Tourism Research Australia’s National Visitor Survey for the year to June (see here for details) shows domestic visitor numbers fell by 18.8% for the year across the nation with expenditure down 16.2%,  In Queensland the declines were similar, visitors fell 19.3% while expenditure was down 15.6%. …read more

Building Approvals drop, but QLD does rather better

August residential building approvals data showed a decline of 1.6% on the month for a very modest 0.6% gain over the past 12 months. House approvals are now up 12.3% y/y while the far more volatile unit approvals are down 18.1% across Australia. Queensland’s numbers are somewhat better. Approvals were …read more

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