The residential building approvals data for August has, once again, disappointed a market that had been looking for a small increase on the month. Seasonally adjusted data showed a 9.4% m/m decline with approvals now down 13.6% for the year. However, in such a volatile data series that is so …read more
Last quarter we talked about “stellar” results from the March 2018 National Visitor Survey in the Far North (see here). Well if last quarter was stellar then this quarter is on a whole new scale…”constellational”? The June 2018 National Visitor Survey from Tourism Research Australia (data available here) shows the …read more
There’s been plenty of interest in our previous posts on Public Sector employment data (see here and here) and Pete spoke to Steve Austin on ABC Brisbane this afternoon with Alex Scott from the Together Union. It was an interesting discussion around the Govt’s fiscal principle related to the growth …read more
Yesterday we took a look at the latest QLD Public Sector work force data for the June 2018 quarter (see here) where we noted that Public Sector full-time equivalent employment numbers continue to grow much faster than population. Since March 2015 FTE numbers in the Public Sector are up 11.9%. …read more
The release of the June quarter Public Sector work force data 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 growth in the year to June 2018 was +3.6%, about twice the forecast pace …read more
Today’s release of the June 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 …read more
Today the ABS released their experimental data series Labour Account Australia for the June 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
With the ABS regional labour force data, and the Conus/CBC Staff Selection Employment Trend of that data, showing the unemployment situation improving in Cairns over the past few of months it’s no surprise that today’s release from the Dept of Social Services of jobseeker data (and the Conus/CBC Staff Selection Jobseeker Trend …read more
The Dept of Employment today released their Small Area Labour Market data for the June 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 …read more
Today saw the release of the industry employment data for the August quarter by the ABS. The ABS provide the regional data as a 4-quarters average; we prefer the more timely Conus Trend which is created using the dis-aggregated individual quarters. Looking at Cairns we see the main growth sectors …read more