Our new Conus Trend employment data for all the QLD regions (available here) allows us to look in more detail at how jobs growth has been split between Greater Brisbane and the Rest of QLD. In the chart below we have taken the 12 month moving average of our own …read more
Today’s release of regional labour force data from the ABS shows the unadjusted unemployment rate in Cairns ticking higher to 8.2% in June (from 5.3% in May). However, as ever, we really need to consider the Conus Trend series to make any sense of this highly volatile data. The Conus …read more
For anyone involved in the tourism industry in Australia, and particularly in TNQ, the new edition of the Chinese International Travel Monitor from hotels.com should be required reading (it’s available for download here). There are heaps of fascinating insights into this vitally important market from both the travellers and hoteliers …read more
Mark Beath over at Loose Change has written a very interesting piece on the trends for rental rates in some major QLD centres. While his commentary focuses on the changes in Cairns, and makes mention of the potential Aquis-effect on future rentals, it is also interesting to see the impact …read more
Despite a tick up in the headline, seasonally adjusted, unemployment rate in June to 6.0% (from an upwardly revised 5.9% in May), the data is certainly not all bad. Jobs increased by 15,900 in the month with a decline of 3,800 full-time jobs more than offset by 19,700 new part-time …read more
Tourism Research Australia’s National Visitor Survey for the quarter to March 2014 was released today (and is available for download here). It shows domestic travellers for the year to March up 4.0% across the country with a 2.2% increase in those travelling on holiday (as opposed to business or visiting …read more
Here in the Cassowary Coast we are waiting to see what the Council budget will hold. In light of the (failed) move to de-amalgamate the old Cardwell Shire it is interesting to see how the de-amalgamated Douglas Shire has gone with its first budget. Rates are increased by 5.2%, but …read more
Today’s release by the ABS of the Cost of Living Indexes show that the cost of living is starting to more closely reflect the measure of inflation (as measured by CPI). In previous quarters we have seen cost of living increases for most households holding well below the rate of …read more