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The ABS Short Term Arrivals and Departures data today shows total (seasonally adjusted) departures for the 12 months to July 2014 hitting a new record which just missed breaching the 9 million barrier (actually 8,987,100). July saw a total of 763,800 departures which was up 4.3% from a year ago. Arrivals …read more
Yesterday saw the release of Tourism Research Australia’s International Visitor Survey for the second quarter of 2014. We covered some of the detail yesterday (see here). TRA have opted to cease producing some data for public release; this includes the breakdown of visitors to regions by their country of origin. …read more
The September issue of The CONUS Quarterly is now available for download. You can find it on the Reports page of our website, or by simply clicking Conus Quarterly September 2014. If you would like to receive the Quarterly by email every three months please just sign up for our …read more
The second quarter GDP release this morning has come in bang-on expectations with a 0.5% increase for the quarter, giving us a (slightly below trend) growth of 3.1% for the year. Some of the data previously released for the quarter had pointed towards the possibility of a weaker print, so …read more
The latest International Visitors Survey from Tourism Research Australia (available here) shows international tourist numbers hit a new high in the year to June 2014 at 6.147 million, a rise of 7.6% from a year ago. Arrivals from China led the charge, up 10.5% to 708,000, but the US also …read more
ABS data this morning for Building Approvals in July beat market expectations. Seasonally adjusted approvals were up 2.5% for the month (against expectations around +1.7%) for a 9.4% increase on the year. The bulk of the increase came from the highly volatile units sector, with housing approvals up by just …read more
Despite reporting as “news” data released more than 2 weeks ago (the regional labour stats) The Cairns Post has still managed to get it wrong! Today’s story is based on ABS data from Aug 14th and Herron Todd White’s Cairns Watch for August. Unfortunately when it comes to reporting the …read more
Overnight we saw second quarter GDP in the US revised up to an annualised +4.2%, from an initial +4.0%. The revision came on the back of stronger investment numbers and slightly weaker inventories. The weaker inventory number could point towards a stronger Q3 result as companies are required to restock. …read more
Private Capital Expenditure (CAPEX) for the second quarter was up 1.1% on a seasonally adjusted basis from the previous quarter. This result was significantly better than the market expectation of a fall of about 1%. CAPEX fell 4% from the same quarter a year ago. In Queensland CAPEX fell 2.1% for the …read more
An interesting data set released by the ABS today highlights the gender imbalance that still exists in Australia. Women are more likely to be more highly educated than men and participate in more work-related learning and yet are still receiving only about 88% of the mean male wage, are more …read more
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