It’s small business that’s taking the jobs hit

The weekly payrolls data from the ABS up to 19th Sept shows that it’s small businesses (fewer than 20 employees) which are suffering the highest job losses; a situation only likely to have been further exacerbated as the JobKeeper stimulus began to wind-back from the end of Sept. While total …read more

Google Mobility data shows QLD’s regions leading the State’s performance

After a spell of limited data coming from the Google Community Mobility data (due to them revising a few of the indexes) we now have data up to the end of Sept (data available here). The combined indexes show a generally stabilising trend over recent weeks. Victoria has partially recovered …read more

National Visitor Survey confirms TNQ did ‘better’ than most regions in year to June

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

Building Approvals drop, but QLD does rather better

August residential building approvals data showed a decline of 1.6% on the month for a very modest 0.6% gain over the past 12 months. House approvals are now up 12.3% y/y while the far more volatile unit approvals are down 18.1% across Australia. Queensland’s numbers are somewhat better. Approvals were …read more

The effect of Melbourne’s lockdown on employment

As Melbourne’s lockdown starts to ease the August regional employment data released on Thursday (when seen through the lens of the Conus Trend) clearly shows us the impact the restrictions have had when compared to the Rest of Victoria. Trend employment in Greater Melbourne has fallen 163,000 since March, or …read more

Trend unemployment rates fall across the QLD regions

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

August Labour Force data much stronger than had been expected

The ABS Labour Force data for August has shown an unexpected jump in the number employed (up 111,000 versus expectations of a 40,000 fall, and a 4,500 upward revision to the July data) and a fall in the unemployment rate to 6.8% (from 7.5%). Participation was slightly higher and the …read more

QLD Public Sector employment data

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

Regional Building Approvals data shows some improvement in Cairns

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

Labour Account June 2020 shows impact of income support, and Cairns doing better than most

While we’ve been away the ABS have released the June 2020 quarter Labour Account data series which provides a wealth of information. One thing it allows us to do is take a  look at incomes across various industry sectors and how they have changed in the past 12 months. The …read more

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