Category: Anthony Kosturjak
Spending growth slows
Quarterly National Accounts data released by the ABS this week indicate that spending growth in South Australia has slowed through the course of the year. Quarterly growth in state final demand (SFD) in real trend terms slowed from 0.8 per cent in the March quarter to 0.4 per cent in the September quarter. […]
Latest annual data on gaming machine activity in hotels and clubs suggests that gambling expenditure – i.e. player losses – has partially recovered in the key northern regional economies of Whyalla, Port Augusta and the group of councils comprising Roxby Downs, Coober Pedy and Flinders Ranges. These recoveries follow relatively large falls over earlier years […]
In this edition of the Data Wrap we consider the latest regional population estimates which emphasise that not only do South Australian regions face demographic challenges in terms of falling or slow growing populations, but also population ageing. We also review the latest results in respect of retail sales, building approvals and job vacancies.
Our ageing […]
The news earlier this week that SA construction company York Civil has gone into voluntary administration came as a surprise, particularly considering that various indicators point to generally healthy conditions in the South Australian construction sector. In our latest Economic Briefing Report, we concluded that activity in the SA construction sector rose strongly over the […]
The state government is currently legislating to cap council rate increases. The initiative arises from concerns regarding general rates rises and cost of living issues. In this post we examine how council rates have changed over time, take a closer look at the proposed legislative changes, and consider how reasonable they are.
How have council rates […]
In a recent post we observed that data on average weekly earnings showed that wages growth in the South Australian public sector had been outstripping wages growth in the private sector over recent years. However, we noted that caution should be exercised when using data on average weekly earnings to monitor differences in wages growth […]
SA employment growth is slowing but healthy
South Australia’s trend unemployment rate remained steady at 5.8 per cent in November. However, the October unemployment rate was revised up from 5.6 to 5.8 per cent taking into account information in the latest ABS Labour Force Survey. Thus the marked improvement in South Australia’s unemployment rate that has […]
Australian economy grows weakly
Australia’s real Gross Domestic Product (GDP) rose by 2.0 per cent in 2016/17, according to the annual national accounts released by the Australian Bureau of Statistics last Friday. This GDP result is the weakest since 2008/09 (1.9 per cent) when the Global Financial Crisis triggered a global recession.
Disappointing GDP growth was in […]
Population growth remains slow as interstate emigration remains strong
The Australia Bureau of Statistics most recent estimates of resident population for the states and territories show that South Australia continues to endure relatively slow population growth. South Australia’s population grew by 0.6 per cent through the year to the March quarter 2017, down slightly from 0.7 […]
Another positive labour market report for South Australia
The August results of the Labour Force Survey released by the Australian Bureau of Statistics (ABS) last week paint a brighter picture of labour market conditions for South Australia. Trend estimates indicate that total employment rose by 2,040 persons to approximately 827,000 persons in August, while unemployment […]