If you’re a tourism worker, the Sunshine State wants you so bad they’ll pay you to relocate.

From July 1 the Queensland government will offer $1,500 grants to relocate and $250 in travel vouchers under their “Work in Paradise Campaign”.

After turning borders on and off like a tap for much of 2020, Queensland tourism services are in demand but there is a shortage of workers in certain regions and the government hopes this will fix the problem.

In other news relating to Queensland, SEO consultant Jared Bennett revealed the biggest search terms when COVID broke out last year. “Moving to Queensland” rose 1,365 per cent.

But it was well behind “Toilet paper” which rose 27,627 per cent with 1,220,000 searches in March 2020 alone.

To the markets and they’re looking more like paradise compared to yesterday. The ASX 200 is up 0.75 per cent and most sectors are in the green except resources and energy which both lost around 1 per cent.

Tech is leading the winners, rising over 3 per cent followed by healthcare which rose 1.5 per cent.

 

WINNERS

Here are the best performing ASX small cap stocks at 12pm Thursday May 20:

Swipe or scroll to reveal the full table. Click headings to sort.

Leading the charge was NuEnergy Gas (ASX:NGY) which anticipates the Indonesian government will grant it approval for the Plan of Development One for its Indonesian energy assets.

Metalicity (ASX:MCT) informed shareholders and Nex Metals (ASX:NME) that it had met the earn-in requirements at two of Nex’s gold projects – Kookynie and Yundamindra –  and now has a 51 per cent stake in both.

Advanced drone engine manufacturer Orbital Corp (ASX:OEC) rose after receiving a visit from Defence Industry minister Melissa Price earlier this week.

And cannabis play Cronos (ASX:CAU) climbed off the back of a sales update. It told shareholders its range of medicinal cannabis products saw an average quarter on quarter increase in sales revenue of over 200 per cent and sales this quarter will be close to $600,000.

 

LOSERS

Here are the worst performing ASX small cap stocks at 12pm Thursday May 20:

Swipe or scroll to reveal the full table. Click headings to sort.

None of today’s top losers had news. Although one notable name on the list today is Nuix (ASX:NXL) which retreated despite tech stocks gaining 3 per cent today.

The company has been under heat all week over allegations relating to its prospectus forecasts, corporate governance and stock options paid to founder, Dr Tony Castagna.

At Stockhead, we tell it like it is. While Orbital and Metalicity are Stockhead advertisers, they did not sponsor this article.