The race is on to vaccinate the North

As I noted in my post last week (see here) it is vital, if the Far North is to survive over coming months and flourish ‘on the other side of COVID’, that we ensure a high level of vaccination to ensure visitors, and locals, can feel as safe as possible …read more

Employment lifts in Cairns in July as the unemployment rate remains at 5.0%

This month again sees employment improving in Cairns. Participation improved slightly (+0.3 ppts) and the Conus/CBC Staff Selection Trend unemployment rate is now at 5.0%, which is a little above the Queensland average of 5.2%. Annual Trend employment growth has turned positive (+3.2%) although this is still relatively weak when …read more

JobSeekers fall in Queensland in July

Data released today by the Dept of Social Services show that JobSeekers (those receiving JobSeeker and Youth Allowance (other) payments) fell in July in Queensland by 6.1% m/m; this was the best performance of all States and Territories. Across Australia JobSeekers were down just 2.1% due to an increases in …read more

Employment edges higher in July despite lockdowns

Against the expectations of many employment lifted slightly in July, up by 2,200 (there was at least one notable exception to the those expecting a fall; Justin Smirk at Westpac was calling for a lift in employment and his note is well worth reading for insight into why today’s numbers …read more

Slowing of QLD’s building approvals boom is largely due to a slowing of growth in the regions

Today’s’ ABS original regional building approvals data for June allows us to update our Conus Trend series for Queensland regions. As we saw last week QLD’s rate of growth of approvals fell to 38.5% y/y (seasonally adjusted) in June; it had been as high as 86.6% in March. What today’s …read more

Regional Inflation; a first look

The ABS-produced Consumer Price Index (CPI) measures inflation for a basket of good and services in the 8 Capital Cities and then uses that data to produce a weighted average for the nation. This is the headline inflation number with which we are all familiar; and in the second quarter …read more

Domestic Tourism in Regional Queensland for the year to May ’21 now higher than year to May ’20

As a demonstration of the strength of the domestic tourism boom underway in regional Australia, there is perhaps none better than today’s data from Tourism Research Australia (see here) for May which shows that, over the past 12 months, domestic tourism expenditure in Regional QLD is now 6.6% higher than …read more

Internal Migration into Regional QLD strong in Q1

Data released this morning by the ABS shows that internal migration into Queensland added a net 7,000 people in the March quarter. This is down from the 17-year high seen in the previous quarter (net +9,763). Over the past 4 quarters Queensland has seen a net increase of 30,785 internal …read more

National Google Mobility slumps to lowest in 14 months. QLD leads the pack

The lockdowns in Greater Sydney, Victoria and South Australia have seen Google Mobility averages across Australia decline (for the 7-day average to 25th July) to their lowest level since 11th May last year. Queensland, where the most recent lockdown was short and sharp in late-June/early-July, now sits with the best …read more

Cairns Trend employment remains unchanged while Townsville adds another 900

The ABS original regional Labour Force data for June allows us to update our own Conus/CBC Staff Selection Regional Employment Trend & s.a. series. This shows that the solid growth in employment seen across the State (see here for details) last week is reflected in both Greater Brisbane and the …read more

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