Today saw the release of the ABS Regional Labour Force data. As always, we focus on our own Conus Trend series to see through the highly volatile original, unadjusted ABS data; and what we see is more good news for the North. In Cairns Trend employment has lifted by another …read more
The annual Business Count data for the financial year 2015-16 shows the Cassowary Coast (consisting of the three SA2 areas Innisfail, Johnstone and Tully {which includes Mission Beach and Cardwell}) lost 94 businesses between 2013-14 and 2015-16. This corresponds to a 2.9% decline across the entire region; although Johnstone saw …read more
Today’s release by the ABS of labour force data for January paints a rather confusing picture depending on which set of numbers you wish to focus on. For a start jobs grew by more than expected (+13,500 against an expectation of +10,000) and, in addition, data for Jan was revised …read more
Today’s release of short-term (less than 12 months) arrivals and departures data from the ABS for Dec shows the tourism boom still well and truly in place. Arrivals increased by 6.8% from the same time a year ago, and are up 10.6% over the past 12 months in total. While …read more
There’s been a lot of interest today on the back of the Courier Mail #GoQLD campaign and article on jobs in the regions. John MacKenzie spoke to Pete earlier today; you can listen to the interview below.
Pete spoke to Kier Shorey on ABC Far North this morning about the latest regional building approvals data from last week (see here) as well as his thoughts on the otulook for 2017 and beyond. You can listen to the interview below.
The Courier Mail have launched this year’s GO QLD campaign with a piece on the regions which includes extensive use of the Conus Trend Regional Jobs data. You can read the story here. Gene Tunny at Adept Economics has posted today on the GO QLD campaign and is also quoted …read more
Today’s release of Regional Building Approvals continues the recent trend of declines. The original, unadjusted ABS data is best seen through the lens of the Conus Trend and here we see the SA4 Region of Cairns drop from a revised 74 in Nov (was 73) to 70 in December; this …read more
ABS data for December building approvals show further declines. Seasonally adjusted approvals fell 1.2% m/m for a fall of 11.4% over the year. In December house approvals were down 2.2% from Nov and dropped 9.8% from this time a year ago while unit approvals fell by just 0.1% for the …read more
Earlier this week Pete had a piece in The Cairns Post talking about the recovery in place in the Cassowary Coast (see below). This was followed up today by a chat on radio 4CA with John MacKenzie, which you can listen to below.