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Today saw the release of the ABS original regional building approvals data for June. Last week we saw the Trend data for Queensland showing a 5.2% decline for the year; today’s data (when seen through the Conus Trend series) confirms that this slowdown is all due to the regions. For …read more
Last weeks Conus/CBC Staff Selection Employment Trend data (see here) for Cairns suggested the labour market had entered a period of stabilisation. Today’s release by the Dept of Social Services of their Jobseeker data appears to confirm that when seen through the lens of the Conus/CBC Staff Selection Jobseeker Trend …read more
The June Building Approvals data out today doesn’t really tell us anything we didn’t already know. Approvals were up 6.4% m/m (seasonally adjusted) after some upward revision to May’s numbers for a 1.6% y/y increase. However, for this highly volatile data-set (because of the very lumpy nature of large scale …read more
Following on from an article in today’s Cairns Post Pete spoke to John MacKenzie on radio 4CA this morning about the latest Conus/CBC Staff Selection Employment Trend data and the recent Conus Industry Employment Trend. You can hear the segment below…
The ABS regional labour force data needs to be seen through the lens of the Conus/CBC Staff Selection Trend to make much sense of the highly volatile original data. Today’s release of the data for June shows the Trend unemployment rate in Cairns dipping to 6.5% (from a downwardly revised …read more
The ABS have released their quarterly measure of inflation pressures for the second quarter this year; and it contains no surprises. Inflation remains muted (+0.4% q/q and +2.1% y/y) with “core” inflation somewhat lower at +0.5% q/q and just +1.9% y/y. This result is very much as the markets had …read more
The release of the Public Sector employment data for the March 2018 quarter allows us to take a look at which regions have seen the greatest increases in the past 12 months, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase …read more
We’ve managed to get our hands on some supplemental data from this week’s International Visitor Survey for the year to March 2018 (see our post from earlier here) which confirms that the very poor performance for the TNQ region is due in no small part to a quite dramatic slide …read more
Yesterday’s release of the June Labour Force data painted an unexpectedly bright picture for the nation. Seasonally adjusted employment jumped by 50,900 with 41,200 of those full-time positions. Despite the rise in employment the unemployment rate stayed stuck at 5.4% (Trend 5.4%) on the back of an encouraging move higher …read more
Today saw the release by Tourism Research Australia of the (delayed) International Visitor Survey for the year to March 2018 (available here), and while it’s good news for Australia (and to a lesser degree Queensland) the results are very disappointing for the Tropical North. International visitors to Australia were up …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series