We have returned from a few weeks away over the New Year and now have a chance to take a look at the tourism data released by Tourism Research Australia (and available here) while we were away. The (delayed) International Visitor Survey was released at the same time as the …read more
The release of the September quarter Public Sector work force data (which was released late in the afternoon on the Friday before Christmas presumably to avoid much commentary!) shows (again) that the Government’s fiscal principle of keeping full-time equivalent Public Sector employment growth to that of population growth has not been met. FTE …read more
The ABS release of their original regional labour force data allows us to update our own Conus/CBC Staff Selection Regional Employment Trend data for Nov. This series, derived from the unadjusted original ABS data, provides a more timely insight into the regional data than the oft-quoted annual averages. In the …read more
The ABS Labour Force survey data for Nov released this morning provides another strong result. Employment increased 37,000 (seasonally adjusted) although the October increase was revised a touch lower. The market had been forecasting growth about 20,000. However, on the back of a tick-up in the Participation Rate, the headline …read more
Today’s release of the Sept 2018 Labour Account data series (see here for more details) allows us to take a look at incomes across various industry sectors and how they have changed in the past 12 months. The table below shows, for selected industries, the year-on-year changes in the average hourly income …read more
Today the ABS released their experimental data series Labour Account Australia for the Sept 2018 quarter. In the ABS’s own words..”The Australian Labour Account consists of eleven sets of tables focusing on four central quadrants of Jobs, Persons, Labour Volume and Labour Payments. Data in each table are available annually, and …read more
Pete was talking to Kier Shorey on ABC Far North radio this morning about the regional building approvals data released yesterday (see here for details). You can listen to the interview below (and please note that when Pete said “lagged” he meant “leading”….perils of live radio before 7am!!).
Today we saw the release of the regional detail of residential building approvals data and the derived Conus Trend shows us that the regions are doing rather better than Greater Brisbane (although both are trending lower). Across the State approvals were down 12.0% y/y in October but when we look …read more
The third quarter GDP data released this morning came in lower than expectations as household consumption growth tailed off. The market had been looking for real GDP to lift 0.6% for the quarter to give a 3.0% y/y figure. The result was just a 0.3% q/q lift which, with some …read more
Today’s release from the ABS of residential Building Approvals data for October shows the slide, both at national and state level, continues at a slightly faster pace. Residential Building Approvals across Australia fell by 1.5% m/m for a 13.4% y/y decline (seasonally adjusted), this after a revised 12.8% y/y decline …read more