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Today saw the release of the 2016 Socio-Economic Indexes for Areas (SEIFA), last seen in 2011. There are a number of indexes included in the release which tell us about relative socio-economic advantage and/or disadvantage of local areas down to the SA1 area, which are based on the 2016 Census data. …read more
The results from the Feb Labour Force Survey released today are somewhat weaker than expected, although employment continues to grow. The headline (seasonally adjusted) data shows an extra 17,500 people employed in Feb with a very healthy increase in full-time employment of 65,000. With the participation rate edging slightly higher …read more
Today’s release of the International Visitor Survey for the year to Dec 2017 from Tourism Research Australia (available here) is once again bad news for TNQ. Despite visitor numbers to Australia increasing by 6.5% for the year to Dec, and those to Queensland up a less impressive 4.3%, the number …read more
The Dept of Employment recently released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to December. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of unemployment …read more
Today’s release from the ABS of the 4th quarter 2017 GDP data confirms the lack lustre performance of the Australian economy. Growth in the quarter (seasonally adjusted) was in line with market expectations at +0.4%, although upward revisions to back quarters saw the year-on-year rate slightly beat expectations at +2.4% …read more
The release by Queensland Treasury of the State Accounts for the third quarter of 2017 appear to have slipped largely under the radar. While the ABS produce Gross State Product (GSP) data only on an annual basis for the June quarter, the QLD Treasury produce quarterly estimates. We have previously seen …read more
Residential building approvals data for January showed a lift of 17.1% m/m for a 12.0% gain on the year (seasonally adjusted) after some big falls in December. However, when considering this highly volatile and lumpy data series we much prefer the Trend series and here we see a 0.1% m/m …read more
Today’s release by the ABS of regional jobs data is best seen through the lens of the Conus Trend series. What this shows us is Trend unemployment in Greater Brisbane at 5.8% while the Rest of Queensland sits at 6.1%, However, over the past year Greater Brisbane (with employment growth …read more
There’s been plenty of interest in tourism following my post yesterday (see here) on the latest ABS Arrivals and Departures data. ABC Far North ran the story in their news bulletins this morning and later in the day I spoke to John McKenzie at radio 4CA; you can listen to …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
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series