Population in the North underperforms

In the year to end June 2020 population in Australia was up 1.3%; with 41% of that increase coming from natural growth and the other 59% from external migration. In Queensland we saw growth of 1.6%; with 34% being accounted for by natural growth, 31% from internal migration and 35% …read more

Building Approvals stay strong in the North

Despite some weakness in the national and state data for January, which showed some significant month-on-month declines (see here for details), figures released today for the regions show that strength was maintained in the North. The data for the SA4 regions in Queensland, when seen through the lens of the …read more

After a brief uptick in Dec JobSeeker numbers continue to fall in Jan

Data from the Dept of Social Services released today shows that JobSeeker numbers (incl YA (other)) fell in January, continuing a pattern that had been briefly interrupted in December. The original DSS data showed JobSeekers had fallen by 102,758 (or 7%) between Dec and Jan. Since January 2020 this was …read more

Another month of very strong Building Approvals in the North

Last month we wrote of a surge in residential building approvals in the North. This month the story is even stronger. Following last week’s data December release which showed year-on-year residential building approvals up 23% nationally and 83% in Queensland today we got the regional data release from the ABS …read more

The Gold Coast and Toowoomba lead the employment recovery in QLD. Cairns unemployment rate falls to 5.7%

The release of original regional employment data for December by the ABS allows us to update the Conus/CBC Staff Selection Trend series. While employment across Queensland has lifted 27,250 during 2020 this latest analysis shows that the bulk of those gains have come from regional Queensland (Rest of QLD added …read more

JobSeeker numbers edge up in December, but the trend still appears to be down

The Dept of Social Services data for JobSeekers shows total recipients edged higher in December. The number of those receiving JobSeeker or Youth Allowance (other) payments increased by 1.3% from November to 1.47 million. Our own Conus/CBC Staff Selection Trend, and the ABS labour force survey data for the number …read more

Weekly Payrolls continue to improve but there are some concerns for Small Business (and Townsville)

The ABS weekly payrolls data (sourced from the ATO Single Touch Payroll system) updated its latest series yesterday and today. What we see is a clear national improvement being driven largely by the recovery in Victoria as the state continues to come out of lock-down. Victoria registered a 1.4% improvement …read more

Far North bucks the regional building approvals trend

Original regional building approval data for October released yesterday by the ABS allows us to update our Conus Trend series for the Queensland SA4 regions as well as our local Local Government Areas. While approvals were up 14.3% y/y across the nation in Oct, Queensland saw a 9.3% decline on …read more

Labour Account Sept 2020 shows average income surge

Tthe ABS have just released the Sept 2020 quarter Labour Account data series which provides a wealth of information. One thing it allows us to do is take a  look at incomes across various industry sectors and how they have changed in the past 12 months. The data provides us, …read more

Regions lead the employment gains in QLD

The original ABS regional labour force data for October out today allows us to update our Conus/CBC Staff Selection Trend series and what this makes clear is that the recovery in employment seen in Queensland (see here for more details of last week’s State and National data) is being driven …read more

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