- Telephone
- Email
The State Accounts for the 2013-14 financial year released today by the ABS show that Gross State Product (GSP) in QLD rose 2.3% for the year (against GDP growth of 2.5%). The Northern Territory (+6.5%) and WA (+5.5%) led the way with the ACT coming up the rear at just …read more
NOTE regarding the ABS revisions to Sept and their impact on Conus Trend figures. The revisions to the ABS data for Sept and the preceding months, announced a few days ago and discussed here, have inevitably had an impact on the Conus Trend data for Sept. It is therefore worth …read more
Today’s release of the October labour force data comes after the revisions foreshadowed by the ABS earlier this week (see here) and sees the seasonally adjusted unemployment rate steady at 6.2% (after Sept was revised up from 6.1%). Employment grew by 24,100 which almost exactly cancelled out the 23,700 decline …read more
Today’s release of Retail Trade figures for Sept and the third quarter surprised on the upside due to strong growth in the electrical goods sector (being pegged to the release of the iPhone 6). Seasonally adjusted data showed retail trade rose 1.2% on the month and was up 1.0% for …read more
The upswing that we’ve been seeing in Building Approvals appears to be coming to a rather abrupt end. The data for Sept shows nationwide approvals fell by 11.0% for the month and by 13.4% for the year. However, these seasonally adjusted figures are often very “lumpy” because of the impact …read more
In something of an embarrassing turn of events for the ABS the bureau have today released the labour force data for Sept with some major revisions (and a lengthy explanatory note) which sees the seasonal adjustment removed from the Jul, Aug and Sept data (for reasons that the ABS cannot …read more
Despite some inevitable media frenzy surrounding the announcement of the Disney film Pirates of the Caribbean 5 being shot in Queensland there are many who are less than impressed by the incentives which the Federal and State Governments have offered to make this a reality. Gene Tunny over at Queensland …read more
The recently released Productivity Commission draft report on Natural Disaster Funding (available here) should be, and no doubt already is, of great concern to State and Local Governments. Under the present Natural Disaster Relief and Recovery Arrangements (NDRRA) the Federal Government meets up to 75% of the cost of disaster …read more
Data released this morning shows Building Approvals nationwide rose by a seasonally adjusted 3% in August (against expectations of a 1% rise). This takes the annual growth rate to 14.5% (up from 9.6% in July). However, the increase was all due to volatile unit approvals while house approvals actually fell …read more
The Retail Trade data for August has come in a good deal weaker than the market had been expecting. Seasonally adjusted figures show just a 0.1% increase (against expectations of 0.4% growth), while the Trend data shows 0.2% growth (unchanged for the past 3 months). However, the story in Queensland …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series