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For anyone involved in the tourism industry in Australia, and particularly in TNQ, the new edition of the Chinese International Travel Monitor from hotels.com should be required reading (it’s available for download here). There are heaps of fascinating insights into this vitally important market from both the travellers and hoteliers …read more
Mark Beath over at Loose Change has written a very interesting piece on the trends for rental rates in some major QLD centres. While his commentary focuses on the changes in Cairns, and makes mention of the potential Aquis-effect on future rentals, it is also interesting to see the impact …read more
Despite a tick up in the headline, seasonally adjusted, unemployment rate in June to 6.0% (from an upwardly revised 5.9% in May), the data is certainly not all bad. Jobs increased by 15,900 in the month with a decline of 3,800 full-time jobs more than offset by 19,700 new part-time …read more
Tourism Research Australia’s National Visitor Survey for the quarter to March 2014 was released today (and is available for download here). It shows domestic travellers for the year to March up 4.0% across the country with a 2.2% increase in those travelling on holiday (as opposed to business or visiting …read more
The 2014-15 budget for the Cassowary Coast was agreed today and has seen a 2.95% increase in the General Rate. Council has put up a number of Fact Sheets on their website. Of particular interest are the Budget Summary, the Fact Sheet on Depreciation (a must-read for anyone needing to …read more
The Grattan Institute has released a report (available here) which takes an interesting look at electricity pricing and suggests some potential changes to the current model of simply charging for the power used. Rather they suggest charges that reflect the cost of the maximum load that the user imposes on …read more
Short term arrivals and departures data for May from the ABS this morning shows arrivals hitting another record high. A total of 583,600 people came into the country in May (13.7% higher than a year ago) for a total of almost 6.7 Million over the past year (8.7% higher than …read more
Today saw the (delayed) release of the National Regional Profile for 2008-’12. The full detail is available on the ABS website here. Among the mountain of data contained in 8 large spreadsheets are numbers on population by Local Government Area (LGA) as well as by Statistical Area Level 2 (SA2). SA2’s and …read more
Data out overnight has shown the US labour market continuing to improve. Non-farm payrolls increased by 288,000 in June (far better than had been expected). Data for April and May was also revised higher with an additional 29,000 added to the two months. With participation remaining fairly static at 62.8 …read more
The Building Approvals data for May would appear, on the face of it, to be very strong. The market had been expecting a rise of about 3.2% m/m in the seasonally adjusted data. Instead the result came in at +9.9% (+14.3% y/y). However, the strength is primarily down to very strong …read more
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