Over the past few years there has been much discussion about the impact that demographic changes (particularly an aging population) are having on the labour market. In particular, focus has been on the effects of varying participation rates within different age groups and the impact these are having on the …read more
The decline in Trend residential building approvals in QLD reported last week (see here) means that a similar fall in the North was to be expected. However the declines in both Cairns and Townsville are still larger than we might have hoped for. The original, unadjusted data from the ABS …read more
The 2017 Valuer General’s report sees Cassowary Coast land valuations updated (last done in the 2015 report). The Report notes that.. “The residential markets in Cassowary Coast have been variable throughout the region. The agricultural sector is generally strong with high commodity prices, particularly within the sugar and grazing industries, …read more
Pete spoke briefly to Keir Shorey on ABC Far North this morning about yesterday’s regional jobs data for Cairns and Townsville (read the post here). You can listen to the radio interview below.
Today saw the release of the ABS Regional Labour Force data. As always, we focus on our own Conus Trend series to see through the highly volatile original, unadjusted ABS data; and what we see is more good news for the North. In Cairns Trend employment has lifted by another …read more
There’s been a lot of interest today on the back of the Courier Mail #GoQLD campaign and article on jobs in the regions. John MacKenzie spoke to Pete earlier today; you can listen to the interview below.
The Courier Mail have launched this year’s GO QLD campaign with a piece on the regions which includes extensive use of the Conus Trend Regional Jobs data. You can read the story here. Gene Tunny at Adept Economics has posted today on the GO QLD campaign and is also quoted …read more
Today’s release of Regional Building Approvals continues the recent trend of declines. The original, unadjusted ABS data is best seen through the lens of the Conus Trend and here we see the SA4 Region of Cairns drop from a revised 74 in Nov (was 73) to 70 in December; this …read more
The Dec 2016 ABS original data for regional labour markets was released this morning and, upon analysis of the Conus Trend series, we see further confirmation of the stronger picture in the Cairns SA4 region. Even the Townsville region, whilst still very weak, sees some slight improvements. In Cairns the …read more
Today’s release of the regional building approvals data for November from the ABS doesn’t provide any good news for our region (not surprising given the general weakness at a state level seen last week…see here for details). The unadjusted regional data is best seen through the prism of the Conus …read more