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The release by the ABS of their original, unadjusted regional labour force data allows us to update our own Conus/CBC Staff Selection Regional Employment Trend series for Queensland. What we see is the employment picture improving much better in the Rest of QLD than Greater Brisbane with Cairns now a …read more
The (delayed) release of the National Visitor Survey for the Dec 2018 quarter from Tourism Research Australia will ave come as a very welcome Easter present for TTNQ and the industry in the Far North. While domestic overnight visits were up up 8.6% across the nation, Queensland saw a 10.6% …read more
A robust labour market report for March has eased pressure on the RBA to cut rates any time soon. Employment lifted 25,700 while the Feb data was revised stronger (seasonally adjusted); Trend data showed a lift of 20,700 with Feb also revised slightly stronger. The unemployment rate remained at 5.0% …read more
Short term Arrivals and Departures data for Feb from the ABS show arrivals up 4.0% y/y (seasonally adjusted) or 3.0% (Trend). However, a steady decline in the Chinese visitor numbers seen over the past 8 months has Chinese visitor numbers up just 2.0% y/y (Trend), and down 6.5% y/y (seasonally …read more
Last week we saw the February residential Building Approvals data show a 21.7% y/y decline across Australia and a 35.3% y/y fall in Queensland. Today’s release of the regional Building Approvals data allows us to dig a little deeper into those numbers. Using the Conus Trend series (based on the …read more
The Dept of Social Services original data on Jobseekers (people receiving Newstart and Youth allowances) for Feb was released this morning which allows us to update our Conus/CBC Staff Selection Jobseeker Trend data for Cairns and Townsville. We see Cairns Trend Jobseekers fall to 8,500 (the lowest level in 6 …read more
February residential building approvals data surprised the market with a sharp upward move on the back of a volatile spike up in unit approvals (at least in the nationwide data). Seasonally adjusted numbers show a 19.1% m/m increase, although this still represents a 12.5% decline for the year. Looking at …read more
The Dept of Employment have released their Small Area Labour Market data for the December quarter. The headline data is presented as a smoothed 4 quarters average at both Local Govt Area and SA2 level. However, hidden in the release is the original, unsmoothed, data and from that we create the Conus Trend …read more
The (delayed) release of the Dec 2018 International Visitor Survey from TRA (available here) shows the Tropical North falling further behind the nation and State. Nationwide international visitor numbers increased by 4.8% y/y for the year to Dec 2018 with expenditure up 8.0% y/y. The visitor gains in Queensland were …read more
The release of ABS regional labour force data for Feb allows us to update our own Conus/CBC Staff Selection Trend series; and it shows us a very strong picture emerging in Cairns. Last month we saw some unbelievably low unemployment data in the original data-set from the ABS for Cairns …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series