For some time we have been working to expand our Conus Trend Regional Jobs database and are pleased to announce that we now have our full Conus Trend data available for NSW and Victoria to add to our previous QLD data. Following future ABS Regional Labour Force data releases we …read more
ABS data released today for Sept shows short term arrivals at a new record high (709,700 seasonally adjusted) which is 11.5% higher than at the same time last year. Over the past year over 8.06 million arrivals have been recorded; also a new record and up 10.7% for the same …read more
Data released last week by the Queensland Treasury shows the state’s economy grew 1.2% in the second quarter of 2016; the fastest pace of growth since Q1 2012. While Queensland Treasury release their Gross State Product data on a quarterly basis the ABS only do so annually (and we must …read more
ABS data this morning for residential Building Approvals in the Far North paint another disappointing picture after a weak month previously (see here). The original data for September shows that an apparent slight recovery in Townsville in August was merely a blip, and the ongoing weaker numbers elsewhere continue. As …read more
The ABS Building Approvals data for September shows the total across the nation being dragged lower than expected by a sharp drop in unit approvals. Houses actually gained slightly over the month, but remain weaker than a year ago. On a seasonally adjusted basis total approvals fell 8.7% m/m which …read more
Pete was on Radio 4CA this morning talking to John MacKenzie about the latest release of the Conus Trend Regional Jobs data. Listen below…
Following on from the Sept Conus Trend Regional QLD labour force data there has been some discussion among readers (and on Twitter) regarding the impact of the Gold and Sunshine Coast changes in employment on the noted divergence between Greater Brisbane and Rest of Queensland full time positions (see the …read more
Three weeks ago I wrote about some initial analysis of Dept of Social Service allowance payment data. Since then I have been in touch with the Dept to obtain some older data and they have also released their latest numbers for September; so here’s a more complete and up-to-date look …read more
The ABS release of original regional labour force data for September, as always, needs to be considered in light of the Conus Trend to make much sense of what can be very volatile data. In Cairns we see the Conus Trend unemployment rate fall to 8.4% (after an unrevised 8.7% …read more
The ABS data for inflation in the third quarter shows the headline CPI number edged slightly higher by 0.7% q/q for a year on year increase of 1.3% (up from 1% in June). However, the two core inflation measures preferred by the RBA (trimmed mean and weighted median) were up …read more