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Last week saw the national and state residential building approvals data for August (see here for details), today we got the original ABS regional data which allows us to update our Conus Trend series. Although approvals in Queensland were up 12.0% from a year ago, today’s data shows us that …read more
The release today by Tourism Research Australia’s National Visitor Survey for the year to June (see here for details) shows domestic visitor numbers fell by 18.8% for the year across the nation with expenditure down 16.2%, In Queensland the declines were similar, visitors fell 19.3% while expenditure was down 15.6%. …read more
Today’s release by the ABS of the monthly regional labour force data for August allows us to update the Conus/CBC Staff Selection data-sets for the Queensland regions. The strong data at the national and State level reported last week (see here for details) was reflected in generally better results across …read more
The QLD Govt last week finally released their Public Sector employment data for March 2020 (which is to be now a biannual rather than quarterly release); this is the first such release since the June 2019 quarter results. It shows FTE employment across the State increased by 1.7% for the …read more
The regional Building Approvals data from the ABS (released last week while we were away) allows us to update the Conus Trend series for the QLD regions. While approvals in July across QLD were down 16.2% y/y, the Conus data shows that most of that fall is occurring in the …read more
The second quarter GDP release earlier this week (see here for details) allows us to update our Conus model for Australia, Queensland and the various LGAs in our region. Australia’s second quarter GDP fell by 7.0% q/q for a 6.3% y/y decline. Although we got data for the Queensland Q2 …read more
Not surprisingly, given the poor State performance noted last week (see here for details), the labour markets across most of QLD have deteriorated in July according to the Conus/CBC Staff Selection Trend. The Trend unemployment rate, which sits at 8.8% in QLD, lifted to 8.7% in Greater Brisbane and 9.0% …read more
Today saw the release of the ABS original regional building approvals data for June, which allowed us to update the Conus Trend data series. While residential approvals fell 17.3% in Queensland in June (see here for more detail) today’s data shows that it’s the regions outside Greater Brisbane where the …read more
The Dept of Employment SALM data (Small Area Labour Market) is the only official data that provides a look at the labour markets at Local Govt and SA2 level. Although there are limitations to the data (not least of which is that it is only quarterly) it does provide us …read more
In common with the national and State data seen last week (see here for details) the regional data for June shows an improvement across many regions. The Conus/CBC Staff Selection Trend shows a similar story panning out across both Greater Brisbane and the Rest of QLD. In Greater Brisbane Trend …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series