CommBank says regional labor markets close gap with capital cities as migration rises

Bitget2026/09/28 05:01

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Commonwealth Bank of Australia analysis flagged stronger structural drivers behind capital-to-regional migration, beyond cheaper housing for younger Australians.
CommBank Regional Movers Index hit a record, with capital-to-regional movers outnumbering flows back to capitals by about 30%.
Regional labor markets narrowed the gap with cities, with regional unemployment below capital-city rates since COVID.
Healthcare led regional job growth, with education and public administration also contributing.
Utilities employment rose about 40% since 2019, with renewable energy projects likely supporting the increase.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commonwealth Bank of Australia published the original content used to generate this news brief on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CommBank says regional labor markets close gap with capital cities as migration rises

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