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The Dept of Employment released their December quarter Small Area Labour Market (SALM) data today. The SALM estimates are created using data from Centrelink data of people in receipt of Newstart and Youth Allowance by postcode, the ABS regional labour market data at SA4 level and the Census labour force data …read more
The regional labour force data for Feb from the ABS was released this morning and what we see (once we analyse the Conus Trend data) supports the improving story in Townsville that we have been highlighting for some time now (see previous commentary here) and, although there are some signs …read more
An article in the Business Spectator from Adam Carr is suggesting that the labour force data released yesterday is actually much better than it might at first appear. Carr’s argument is that the seasonal adjustment process employed by the ABS (which has certainly been under a cloud recently) is nothing …read more
A great friend of ours, Graham Turner, runs an independent economic consultancy (GFC Economics) in London. Graham founded GFC in 1999 after many years working as an economist with various international investment banks in the City. Graham has written a number of highly regarded books, the most recent of which …read more
The official data for jobs in Feb shows 15,600 new jobs and a headline unemployment rate that has fallen to 6.3%. While the jobs number was slightly higher than expected, data for both Dec and Jan were revised down a total of 5,200 so the net result was in reality …read more
After the stellar performance of the January Building Approvals data in QLD (see commentary here) last week it is pleasing to see the improving trend reflected in the regional data for the Far North released by the ABS today. The raw unadjusted data shows approvals in Cairns at 60 (63 when we …read more
The December quarter 2014 National Visitor Survey from Tourism Research Australia (available here) shows overnight domestic visitor numbers were up 7.4% nationally to 81.436 million for the year to Dec 2014. The increase was led by Victoria where visitor numbers were up 11%. Total expenditure rose 5.7%. However, the result for …read more
The IGR released yesterday (available here) demonstrates clearly, if rather politically, that the country faces a number of significant challenges over coming decades. One of the main being the fact that our future population will be living a lot longer and therefore putting an every greater burden on retirement savings. It would seem obvious …read more
The ABS has been having issues with the reporting of short term overseas arrivals and departures (OAD) data since the Sept 2014 released back in November last year. The problem has been caused “due to passenger card processing issues as announced by the Department of Immigration and Border Protection (DIBP).” Earlier this …read more
The March edition of The CONUS Quarterly is now available for free download. In this issue we look at today’s Q4 GDP data, what’s been going on with the A$ recently and cast our eyes over what new Treasurer, Curtis Pitt, has facing him in the Queensland economy. If you …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series