CommBank says regional labor markets close gap with capital cities as migration rises
Bitget2026/09/28 05:01- 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.
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