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Pete was talking to Kier Shorey on ABC Far North earlier this morning about the international visitor data released yesterday (see here for details). You can listen to the interview below.
The Tourism Research Australia International Visitor Survey for the quarter to Dec 2016 (available here) shows international visitor numbers continuing to improve; although visitors are staying for less time. Total visitors for the year hit a new record high of 7.625 million; an increase of 11.2% from the previous year. …read more
The ABS released their short term arrivals and departures data for January this morning and it confirms the ongoing strength for the tourism sector. Arrivals in Jan hit a new record high (seasonally adjusted) of 716,700 for the month which is an increase of 8.7% from the same time a …read more
Friday saw the (rather delayed) release of the September quarter Queensland State Accounts from Treasury, and they appear to have slipped under the radar somewhat. While the ABS produce Gross State Product (GSP) data only on an annual basis for the June quarter, the QLD Treasury produce quarterly estimates. We …read more
The decline in Trend residential building approvals in QLD reported last week (see here) means that a similar fall in the North was to be expected. However the declines in both Cairns and Townsville are still larger than we might have hoped for. The original, unadjusted data from the ABS …read more
The 2017 Valuer General’s report sees Cassowary Coast land valuations updated (last done in the 2015 report). The Report notes that.. “The residential markets in Cassowary Coast have been variable throughout the region. The agricultural sector is generally strong with high commodity prices, particularly within the sugar and grazing industries, …read more
Building Approvals for January have defied expectations of a decline and bounced 1.8% for the month (seasonally adjusted), although this is still a 12.0% decline for the year. On the more stable Trend basis approvals fell 2.1% for the month and were down 15.5% over the year. As has been …read more
As expected, the Australian economy once again avoided a technical recession (two consecutive quarters of negative GDP) with a better-than-expected increase GDP of 1.1% for the 4th quarter of 2016. This took year on year growth to 2.4% (up from an upwardly revised +1.9% in Q3) for an annual growth …read more
Last week our own Conus Trend estimates of employment and unemployment rate in Cairns for January had jobs up 8,000 since Jan 2016 and the Trend unemployment rate at 5.9% (see full details here). Today sees the release of Herron Todd White’s Cairns Watch (available in full here); and its …read more
Pete spoke briefly to Keir Shorey on ABC Far North this morning about yesterday’s regional jobs data for Cairns and Townsville (read the post here). You can listen to the radio interview below.
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series