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Tourism Research Australia (TRA) today released their State Tourism Satellite Accounts (STSA) for the 2013-14 year. There are available for download here. The results show an industry which, although at a national level has seen growth of about 3.4%, is in decline in Queensland. We have previously posted extensively (see …read more
The ABS today released their unadjusted March regional labour force data. The headline data for Cairns showed the unemployment rate stable at 7.9%, while Townsville saw unemployment jump to 9.2% (from 7.7% last month). However, as always, these unadjusted numbers need to be considered at the Conus Trend level to …read more
The headline inflation measure (Consumer Price Index, CPI) for the second quarter has come in bang-on market expectations at +0.2% q/q for a 1.3% increase over the year. The increase comes courtesy of a 2.6% yr/yr increase in non-tradables being offset by a 0.9% yr/yr fall in tradables. The more …read more
The previous LNP government withheld the release of the Environmental Impact Statement on the proposed dredging of Trinity Inlet until after the QLD state elections. Finally we get to see the report (available for download here) and it is clear that the recent Federal moves to ban the dumping of …read more
The ABS jobs data for March has come in a lot stronger than anticipated with the headline unemployment rate falling to 6.1%. The market had been looking for a total of about 15,000 jobs to be added in March, in fact the data shows a huge 37,700 new positions (31,500 …read more
The Qantas Australian Tourism Awards announced in Adelaide this week saw Tasmania come of age and put the other larger states to shame. Of a total of 85 awards handed out over the course of the evening Tassie picked up 16 with 9 Golds (more than any other State or …read more
Last week’s building approvals data for Feb saw a big correction from the stellar Jan figures (see here) so we might have expected things to have eased slightly in the Far North too; in fact that has not been the case. The raw, unadjusted ABS data shows Cairns (incl Douglas) had 71 …read more
ABS data released today for Feb show building approvals reversing some of the strong growth seen in Jan (as had been broadly expected). On a seasonally adjusted basis Feb saw a 3.2% decline (driven by a 6.6% dip in unit approvals) for a 14.3% increase over the year. The less …read more
Following previous posts and media comment about the seemingly wide divergence between Herron Todd White’s and our own Trend unemployment rates for the Cairns region (see here) it is interesting to note that they have almost converged for the latest Feb data. Yesterday saw HTW produce their Cairns Watch (available …read more
Today saw the release of the annual Regional Population Estimates from the ABS. The ABS produce these numbers at both Local Government, SA2 and State Electoral Division level. The results show the estimated CCRC resident population in 2014 at 28,705 which is a 0.1% increase over 2013. Since 2011 the estimated population has increased by just 0.2% …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series