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Today’s release of the (unadjusted) ABS labour force data for regions allows us to update our own Conus Trend series for the Queensland regions. In Cairns we saw the Conus Trend unemployment rate fall to 7.2% (7.5% in Nov); its lowest level since Aug 2011. Trend employment in Dec increased by …read more
I’ve been away enjoying some snow in Japan so have missed the past two week’s of data since the New Year. This post is an abridged version to simply update some charts and make a few comments… Building Approvals. The November nationwide approvals numbers (seasonally adjusted) saw a big dip …read more
In his December Cairns Watch (available here) Herron Todd White’s Rick Carr has a special focus on house sales and prices in the Cassowary Coast. Rick notes that “sales in the Cassowary Coast area have been experiencing slow market conditions over recent years, and have reduced further during 2015 reflecting the slow …read more
I’ve just arrived back on dry land so wanted to update the Dept of Employment Small Area Labour Market (SALM) data for the Sept quarter before the Christmas break. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, youth and …read more
The release of the regional labour force data from the ABS this morning contains some good Xmas cheer for the North and Far North. As always the original ABS data is unadjusted so we need to focus our attention on the Conus Trend numbers. In Cairns for November the Trend shows …read more
The Tourism Research Australia National Visitor Survey for the year to Sept 2015 saw the total number of domestic visitors jump by 7% to 85.3 million. Those travelling to Queensland were stronger still, up 7.9% to 19.8 million (which saw the Sunshine State’s share of the domestic market improve slightly …read more
After last month’s stellar jobs data (see here for commentary) it was widely expected that the November data would show a decline in employment and a possible move in the unemployment rate back up to 6%. Nothing could have been further from the numbers we saw this morning! The ABS …read more
With the headlines talking about the imminent closure of the Yabulu Nickel Refinery and the loss of up to 800 jobs, today’s regional building approvals data from the ABS are another sorry story that Townsville could really do without. As we noted last month (see here), the unemployment situation in …read more
The ABS released their Short Term Arrivals & Departures data for Oct today and it shows, once again, that arrivals from China are continuing to push ahead strongly. Although total arrivals were slightly lower than last month, and up 6.7% from a year ago, the annual number of arrivals (at just a shade …read more
Today saw the release of the International Visitor Survey for the Sept quarter from Tourism Research Australia (you can access the full report here). It shows a very solid growth of total international visitors to Australia for the year to Sept, up 6.6% over the year. Expenditure rose by 15.2% …read more
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