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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
The Dept of Social Services original data on the Youth Allowance and Newstart Recipients for October allows us to update our own Conus/CBC Staff Selection Jobseeker Trend series for Cairns and Townsville SA4s. Trend jobseekers have again fallen in both areas; although Cairns continues to do rather better than Townsville. …read more
The original ABS regional labour force data for Oct released this morning allows us to update our own Conus/CBC Staff Selection Trend data. Doing so makes it clear that, while the State as a whole is doing poorly (see here for commentary from last week), the regions are outscoring Greater …read more
The Queensland Government projections of future population growth are an important indicator as they will be used to determine infrastructure planning into the future. The most recent version shows projections out to 2041 at both SA4 and LGA level; and this is what they tell us about the Government’s projections …read more
The simple answer to the question posed above, at least based on ABS data for Sept released today, would be ‘probably’. The Trend data for short-term arrivals into Australia from China shows a 1.3% increase over the year to Sept, following on from a 0.9% increase the month before. To …read more
Yesterday we saw the release of the ABS Labour Force data which confirmed the seasonally adjusted unemployment rate at 5%, while the Trend rate dropped to 5.1% (see here for details). Trend employment growth, despite having slowed recently, remains robust at 2.3% for the year. The country has added about …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series