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The Labour Market data for March released by the ABS this morning showed an unexpectedly strong employment number with a total of 26,100 extra new jobs (although all of them, and more, were part-time with full-time jobs actually declining 8,800). With the Participation Rate stable (64.9) the only cloud on …read more
In all the excitement (?) of the Local Government elections last month we missed the release of the Dec quarter SALM data from the Dept of Employment. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, youth and Newstart allowance …read more
Today saw the release of the regional building approvals data for Feb from the ABS. As always, this unadjusted original data can be highly volatile so we should consider instead the Conus Trends. Here we see the Trend for residential approvals in the Cassowary Coast Regional Council area static at …read more
The Short Term Arrivals and Departures data for Feb released this morning seems to reflect the impact of the Chinese New Year falling in early Feb. Clearly many Chinese arrivals were in the country before the actual date and showed up in the strong Jan numbers. February sees a reversal …read more
The February Building Approvals data shows a 3.1% increase for the month (seasonally adjusted) for a 9.0% decline on the year. However the monthly increase is all down to (lumpy) unit approvals which were up 7.7%; house approvals fell by 1.0%. When we consider the less volatile Trend series we …read more
Today sees the release of the ABS Regional Population estimates as at mid-year 2015 and they show us a small decline in the estimated population of the Cassowary Coast Local Government area to 28,689 (from 28,694 a year earlier). Over the course of the past decade the population of the …read more
The ABS regional labour force data for Feb were released yesterday and, after analysis via the Conus Trend they show Trend employment growth in Cairns having come to a halt. Despite an original unadjusted figure which showed an increase of 600 the Conus Trend saw Trend employment remain static at 108,700 …read more
This morning saw the ABS release the labour market data for Feb. Against market expectations the seasonally adjusted unemployment rate fell sharply to 5.8% (from 6.0%) despite there only being an additional 300 jobs in the month; the reason being a dip in the Participation Rate from 65.1 to 64.9. …read more
Today’s release of the National Visitor Survey for the year to Dec 2015 from Tourism Research Australia confirms that domestic tourism continues to motor ahead. Total visitors rose by 6.9% while total nights were up 4.2% and total expenditure +6.4%. Queensland did much better than both Victoria and NSW with …read more
Stronger than expected final quarter growth (along with an upward revision to the third quarter data) has seen the Australian economy grow by 3% in 2015. The Australian economy is now growing at about its long term average pace, and much faster than the market expectation of 2.5%. The December …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series