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Tourism Research Australia have been providing monthly snapshot updates on domestic travel and today we saw the August numbers. What we see is that since March 2020 domestic overnight expenditure has fallen across the nation by 23%, in Queensland expenditure is up 59% and regional Queensland is up an astonishing …read more
Residential building approvals in September beat expectations with a 15.4% m/m increase which translates to a 8.8% y/y increase. House approvals are up 22.1% from a year ago while units are down 10.3%. In Queensland September saw a 19.3% jump for the month (significantly better than Victoria or NSW) which …read more
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
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
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
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
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
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
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
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
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series