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The ABS regional labour force data needs to be seen through the lens of the Conus/CBC Staff Selection Trend to make much sense of the highly volatile original data. Today’s release of the data for June shows the Trend unemployment rate in Cairns dipping to 6.5% (from a downwardly revised …read more
The release of the Public Sector employment data for the March 2018 quarter allows us to take a look at which regions have seen the greatest increases in the past 12 months, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase …read more
We’ve managed to get our hands on some supplemental data from this week’s International Visitor Survey for the year to March 2018 (see our post from earlier here) which confirms that the very poor performance for the TNQ region is due in no small part to a quite dramatic slide …read more
Yesterday’s release of the June Labour Force data painted an unexpectedly bright picture for the nation. Seasonally adjusted employment jumped by 50,900 with 41,200 of those full-time positions. Despite the rise in employment the unemployment rate stayed stuck at 5.4% (Trend 5.4%) on the back of an encouraging move higher …read more
Today saw the release by Tourism Research Australia of the (delayed) International Visitor Survey for the year to March 2018 (available here), and while it’s good news for Australia (and to a lesser degree Queensland) the results are very disappointing for the Tropical North. International visitors to Australia were up …read more
Today saw the release of the ABS short term arrivals and departures data for May. It shows arrivals up 4.4% from a year ago while the running annual total is now 5.8% higher than a year ago. This is, however, the slowest pace of annual growth since May 2015. Chinese …read more
With Australian and Queensland residential building approvals having fallen again in May (see here for details) it’s perhaps no surprise to see approvals at the regional level also falling. Based on our own Conus Trend series derived from the original ABS data at SA4 level, we see that Trend approvals …read more
The May Building Approvals data released today was somewhat weaker than had been anticipated, and were particularly poor for Queensland. Across the nation Approvals (seasonally adjusted) fell 3.2% for the month and are now up just 3.1% for the year. In Trend terms the monthly decline (and the seventh such …read more
Today saw the release of the ABS original regional employment data. As always, we prefer to focus on this data through the lens of the Conus/CBC Staff Selection Employment Trend. When doing so we see a Tale of Two Cities in the North of the state. Cairns once again sees …read more
This morning’s release of domestic tourism data for the March quarter from Tourism Research Australia (National Visitor Survey available here) will be very happy reading for TTNQ. It shows the Tropical North outperforming, by a country mile, the State and National figures. Overnight domestic visitors increased by 6.7% across the …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series