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Today saw the release of the ABS short term arrivals and departures data for May. It shows arrivals up 4.4% from a year ago while the running annual total is now 5.8% higher than a year ago. This is, however, the slowest pace of annual growth since May 2015. Chinese …read more
With Australian and Queensland residential building approvals having fallen again in May (see here for details) it’s perhaps no surprise to see approvals at the regional level also falling. Based on our own Conus Trend series derived from the original ABS data at SA4 level, we see that Trend approvals …read more
The release by Tourism Research Australia of the 2016-17 Regional Tourism Satellite Accounts (available here) confirms the poor performance of tourism in the TNQ region that we’ve been discussing for some time. The graphic below (from TEQ) highlights the problems.Tourism Gross Regional Product (GSP) fell in TNQ by 1.7% while …read more
The May Building Approvals data released today was somewhat weaker than had been anticipated, and were particularly poor for Queensland. Across the nation Approvals (seasonally adjusted) fell 3.2% for the month and are now up just 3.1% for the year. In Trend terms the monthly decline (and the seventh such …read more
The quarterly industry employment data from the ABS (and more specifically the Conus Industry Employment Trend data derived from it) allows us to take a look at how three of the more important industry sectors for Cairns employment have been tracking compared to the Gold Coast. The charts below show …read more
We recently saw the release by the Dept of Social Services of the May jobseeker data and allows us to update and release our own Conus/CBC Staff Selection Jobseeker Trend series. The original, unadjusted data for Cairns (made up of 5 relevant SA3 areas) shows the number of jobseekers decreased slightly in …read more
Today saw the release of the ABS original regional employment data. As always, we prefer to focus on this data through the lens of the Conus/CBC Staff Selection Employment Trend. When doing so we see a Tale of Two Cities in the North of the state. Cairns once again sees …read more
This morning’s release of domestic tourism data for the March quarter from Tourism Research Australia (National Visitor Survey available here) will be very happy reading for TTNQ. It shows the Tropical North outperforming, by a country mile, the State and National figures. Overnight domestic visitors increased by 6.7% across the …read more
Today’s short term arrivals and departures data for April give us a tantalising suggestion that Queensland might just be getting its tourism mojo back. The TRA International Visitor Survey (which was due on June 6th) for the March quarter is yet to be released and that will help to confirm, …read more
Pete spoke to Kier Shorey on ABC Far North this morning about the latest SALM data and what we can learn from it for the Cairns region. You can listen to what he said below… Note…Pete made a slip-up in the discussion: Cairns City SA2 actually falls within the Cairns-South …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series