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As the ABS quickly play catch-up with the Overseas Arrivals & Departures data we see the March data released today. Yesterday we also saw the release of the TRA International Visitor Survey for the final quarter of last year (see here for commentary). We’re now starting to get a much …read more
The much-delayed Tourism Research Australia International Visitor Survey for the Dec 2014 quarter has finally been released (and is available for download here). This report has been delayed by the problems the ABS have been having with their Overseas Arrivals and Departures data. What the report shows us is that …read more
Pete was on ABC Far North this morning with Keir Shorey talking about the latest Cairns jobs data (you can read our commentary here).
After yesterday’s disappointing regional data for May (see here) it is encouraging to see the quarterly Dept of Employment Small Area Labour Market (SALM) data for the first quarter of this year confirm the generally positive trend that we have been witnessing earlier this year. The SALM estimates are created …read more
Today’s release of the Quarterly Statement on Monetary Policy (SOMP) from the RBA sees the Bank revising down their forecasts for GDP growth and inflation in coming years (available for download here). This will come as no surprise given their recent cut to the Cash Rate and the fact that …read more
The Trend of improving employment data for the Cairns region that we have been discussing this year appears to have come to a halt. Today’s release from the ABS of unadjusted labour market data for May has the headline unemployment rate in Cairns jumping to 9.8% (from 6.8% in April) …read more
After a concerning few months for Chinese visitor data, today sees the release of Feb data from the ABS (the period in which Chinese New Year fell this year) and it suggests that the China boom may still be intact. The ABS are rushing to catch up with their arrivals and …read more
The ABS jobs data for May has surprised on the upside. New jobs created (according to the headline seasonally adjusted series) were at 42,000; well in advance of estimates that centred around 12,000. However, what has been less commented upon is the fact that the April decline (originally slated as …read more
Regional ABS data for April shows building approvals in the Cassowary Coast slowed sharply, despite positive comments from the Council about first quarter data in the local press just last week (see our previous commentary on what appeared strong data). Unadjusted approvals in April were just 2 (after 11 in …read more
The latest Cairns Watch from Herron Todd White (available here), confirms our own Conus Trend analysis of the Cairns labour market. Back on May 14th we posted that the Trend unemployment rate in the Cairns region had improved to 7.2%, unchanged from a downwardly revised April number. You can read our …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series