Data released this morning by the ABS shows that internal migration into Queensland added a net 7,000 people in the March quarter. This is down from the 17-year high seen in the previous quarter (net +9,763). Over the past 4 quarters Queensland has seen a net increase of 30,785 internal …read more
The lockdowns in Greater Sydney, Victoria and South Australia have seen Google Mobility averages across Australia decline (for the 7-day average to 25th July) to their lowest level since 11th May last year. Queensland, where the most recent lockdown was short and sharp in late-June/early-July, now sits with the best …read more
The ABS original regional Labour Force data for June allows us to update our own Conus/CBC Staff Selection Regional Employment Trend & s.a. series. This shows that the solid growth in employment seen across the State (see here for details) last week is reflected in both Greater Brisbane and the …read more
The final data for JobSeekers from the Dept of Social Services for June was released this morning. It shows another decline across the nation to 1.1 million people who are receiving either JobSeeker or Youth Allowance (other) payments, a decline of 31% from a year ago. Queensland has also fallen …read more
The June labour market survey data from the ABS released this morning has (once again) exceeded market expectations; although it’s not all great news. Employment lifted by 29,100 in the month and is now up 6.3% from a year ago (or 777,900 more people employed than at this stage last …read more
In the face of lock-downs across the country earlier in the month (which continue in Sydney) Google Mobility data confirms that Cairns managed to escape relatively unscathed and, as a result, has opened up a significant gap with many other regions. There did appear to be a short-lived, and small …read more
Data from Cairns Airport shows total passenger numbers dipped again slightly in June, although this is to be expected as May and June are seasonally weaker months for airport arrivals. The Conus derived Trend remains strong and is up 297% from a year earlier. While international passengers have essentially disappeared …read more
Having seen an easing in residential building approvals both nationally and at the State level reported last week it is no surprise to see the same trend playing out at the regional level in Queensland. ABS original data to May, when seen through the lens of the Conus Trend, sees …read more
The Monthly Snapshot domestic tourism data from TRA for April, released yesterday, shows how strongly this sector continues to perform. overnight Expenditures across Australia lifted to $8.16 bn and are now 6.5% higher than they were 2 years ago in April 2019 (even allowing for 3.8% growth in CPI over …read more
The ABS today released Payrolls data for the week to 19th June which showed Queensland’s performance was now 0.5 ppts better than the national average (103.9 versus 103.4). By considering the Payrolls data by Industry Sector and weighting this by the percentage of employment within each Industry Sector (from the …read more