Monthly Archives: May 2017
South Australian building approvals – a forward indicator of building activity – have cooled over recent months, according to data released by the Australian Bureau of Statistics today. The trend estimate of the value of total building approved in South Australia fell by 3.6 per cent in April and has fallen for three months. In […]
Activity levels in the South Australian construction sector showed some improvement in the first quarter of 2017. Australian Bureau of Statistics data released today indicates that the value of construction work done, measured in trend terms, rose by 2.2 per cent in the March quarter of 2017. However, construction activity remains below its level reached […]
The SA Centre for Economic Studies produces a Local Government Price Index (LGPI) on behalf of the Local Government Association of South Australia. The purpose of the LGPI is to provide a measure of price movements faced by Local Government in South Australia given their unique mix of goods and services purchases.
Latest results released today indicate […]
Labour market conditions in South Australia continued to deteriorate in April 2017. Latest estimates from the Australian Bureau of Statistics indicate that total employment in trend terms fell by 0.1 per cent (572 persons) in April, while total unemployment rose by 2.1 per cent (1,278 persons). South Australia’s trend unemployment rate consequently rose from 6.9 per cent in […]
In his latest article for The Australian – “Households will Bear Banks’ Burden” – Paul Kerin argues that the costs of the bank levy announced by the Treasurer in last week’s federal budget will be borne largely by customers, contrary to claims otherwise. Evidence from similar levies introduced in European Union member countries show that a […]
Data on housing finance commitments released by the Australian Bureau of Statistics today show that the weak recovery in South Australian home lending activity observed during the initial months of 2017 may be at risk of stalling. Trend data, which generally provides the best measure of underlying behaviour, indicate that the number of owner occupied […]
South Australian retail sales were quite healthy in the first quarter of 2017. Data released by the Australian Bureau of Statistics today indicate that the volume of South Australian retail turnover rose by 0.5 per cent in the March quarter 2017. In comparison, national retail turnover rose by 0.3 per cent.
The latest monthly data, which […]
South Australian residential building approvals have continued to stabilise after falling through the first half of 2016, data released by the Australian Bureau of Statistics yesterday show. The number of new dwellings approved across South Australia was unchanged for the month of March 2017, but down 20 per cent compared to a year earlier.
Taking a […]
Paul Kerin argues that export restrictions on liquefied natural gas recently announced by the Australian Government will delay needed reforms that would prove a better way to reduce domestic gas prices, and ultimately reduce national economic welfare. These arguments are made in his latest article for The Australian: “Gas curbs will hurt LNG exports and […]
The modest improvement seen in merchandise exports in February has continued to strengthen in March, with the value of South Australia’s overseas goods exports up 18 per cent compared to March 2016. However, due to the significant falls in exports in the middle of last year, overseas goods exports in the 12 months to March […]