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Today’s release from the ABS of the Payrolls data to the week ending 8th August suggests that we might expect some improvement in Cairns’ Conus/CBC Staff Selection series for August when released later next month. Payrolls data (sourced from the ATO’s Single Touch Payroll system) showed payrolls in the Cairns …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
The July Labour Force data from the ABS this morning showed employment had grown another 114,700 in the month. While the last 2 months have seen significant recovery we should not lose sight of the fact that employment remains more than 500,000 below where we started the year. Another sharp …read more
The re-starting of the domestic tourism industry is clearly underway in the Far North. The latest data from the Cairns Airport show total passenger numbers jumping to 109,104 in July (from a low in 11,153 in April). Although total passenger numbers are down 78% from a year earlier the domestic …read more
The divergence between those states enjoying a better health outcomes and those not has become clearer with the release this morning of the ABS Weekly Payrolls data to July 25th (sourced from the ATO Single Touch Payroll system). While payrolls fell 0.1% m/m across Australia, QLD saw a 0.9% increase. …read more
Google have been providing data on their “Community Mobility Indexes” for some time to help track the impacts of COVID-19 (you can get further details here). The indexes measure movement in six categories; Grocery & pharmacy Mobility trends for places like grocery markets, food warehouses, farmers markets, specialty food shops, …read more
The lock-down now in place in Melbourne could see an additional 260,000 workers miss out on JobKeeper (JK) support due to the 2-quarters requirements of the new regime. On our pre-lock-down estimates we would have seen the JK 1.0 original 3.5 million figure drop to 2.0 million in Oct had …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
The residential building approvals data from the ABS for June show another steep decline. Approvals fell 4.9% m/m (seasonally adjusted) which takes the year-on-year decline to 15.8%. House approvals are down 6.4% for the year while units are off 30.2%. In Queensland total approvals fell 10.9% m/m and are now …read more
Last week the Govt confirmed the details of the JobKeeper extension (JK 2.0) which will be in place when the original JobKeeper (JK 1.0) expires at the end of Sept. Details are available at the Treasury website. Essentially for a business to be eligible for JK 2.0, from October to …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series