- Telephone
- Email
Ahead of tomorrow’s release of the GDP data for the third quarter today’s better than expected Building Approvals for Oct might be interpreted as looking positive for growth. But we need to temper our excitement about what the (highly volatile) headline numbers are telling us. Firstly, to the numbers themselves. …read more
Today’s release of private sector actual, and expected, CAPEX shows a somewhat mixed picture. Actual CAPEX for the third quarter was below market expectations at $31.4 bn which is 9.2% below the second quarter number and a full 20.0% below where it was at the same time a year ago. …read more
Last Friday saw the release of the ABS Gross State Product (GSP) data for the 2014-15 financial year. Although the ABS only produce their data for the states on an annual basis, the Queensland Treasury produces their own measure (on both a seasonally adjusted and trend basis) on a quarterly …read more
In response to comment by a reader, I have taken a look at the “older” cohort of workers in the Cairns region. The ABS provide regional data from the groups from 45 years and over, so this is what I have used to create the new Conus Cairns Older Trend. …read more
The release this morning by the ABS of their regional (unadjusted) labour force data for Oct doesn’t appear to change the picture much for the Far North, despite the improvements we saw at national and state level last week (see here for our commentary). As always the raw ABS data …read more
Today’s release of the October labour force data has caught the markets unawares with some very strong employment growth. The strong numbers have removed almost any lingering thoughts of a rate cut from the RBA in the near term and, as a result, seen the A$ climb almost a cent …read more
The release of the regional Building Approvals data for Sept is a bit of a mixed bag for the area. The unadjusted ABS data is, as always, too volatile to use as a clear guide. Rather we need to focus on the Conus Trend. In Cairns (incl Port Douglas) the …read more
The continued weakness of the A$ is starting to have some very significant impact on travel data into Australia. Today’s release of Sept Short Trem Arrivals and Departures data highlights what is happening. Arrivals into Australia hit a new record monthly high of 637,100 (seasonally adjusted) in Sept. which is …read more
The ABS Cost of Living Indexes for the third quarter show price increases running at a very similar rate to last month. {These were released on Weds this week, but we have been away and only now have a chance to look at them.} The COL Indexes are designed to answer …read more
The ABS released Sept Building Approvals data shows total approvals (seasonally adjusted) rose 2.2% m/m for a 21.4% increase on the year. However, previous month’s data was revised slightly weaker. The data is always liable to high levels of volatility because of the “lumpy” nature of unit approvals, and this …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series