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The regional employment data for April from the ABS needs to be seen through the lens of the Conus/CBC Staff Selection Employment Trend to make much sense of. What this shows us is the picture in Cairns continues to deteriorate with Trend employment having fallen for 9 consecutive months. Trend …read more
The Labour Force data for April shows seasonally adjusted employment increased by 22,600, which was somewhat better than market expectations. However, revisions to previous months saw the smallish gain in March revised to a small drop. As a result the overall picture was broadly in line with the market. Trend …read more
After the impacts of TC Larry in 2006 and then TC Yasi in 2011 the Cassowary Coast has struggled to get its mojo back. Population growth was almost static, tourism took some years to recover and business confidence took a hit. However, more recently that appears to be shifting…at least …read more
The release today of the short term arrivals and departures data from the ABS for March shows international arrivals to Australia moving ahead at a healthy lick…up 9.0% from a year ago and up 6.9% for the past 12 months totalled. Residents leaving for short term breaks are also up …read more
The regional building approvals data for March from the ABS this morning and best seen through the lens of the Conus Trend series. When we look at the split across the State (which saw Trend growth of 7.5% y/y) it becomes clear that this is being driven almost exclusively by …read more
Today saw the release by the Dept of Social Services of the March 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 increased slightly …read more
Readers of the Cairns Post this weekend might be justifiably confused about what is actually happening with employment in the region. Following the release by the ABS of regional labour force data on Thursday the Post ran a story on Friday talking about the fact that Cairns had “added 6,100 …read more
Today saw the release of the monthly ABS regional labour market data. As always, we prefer to see the data through the lens of the Trend (which as of this month is the Conus/CBC Staff Selection Employment Trend series after Cairns business CBC Staff Selection joined us to help improve …read more
Today saw the ABS release their regional population estimates for June 2017. When we consider the data at the SA4 level we see that Cairns grew by almost 3,000 people to just above 250,000 in the year from June 2016; that’s a 1.2% increase. Despite the fact that this is …read more
The first quarter of 2018 has seen price inflation remain very muted, and outside of the RBA’s inflation target range. The headline CPI data showed a 0.4% q/q increase for +1.9% y/y. This was broadly in line with, or at the bottom end of, market expectations. The RBA preferred “core” …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series