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Yesterday we released our most recent Conus Trend building approvals data for all the Queensland SA4 Regions (see here). For some time we have also been providing Conus Trend estimates for the Townsville City, Cairns Regional , Cassowary Coast Regional and Douglas Shire Councils. However, we have not previously calculated for …read more
Mark Beath over at CairnsEconomy.com has done some interesting analysis of the regional building approvals data looking at approvals per capita. Read it here..
Today saw the release of the Regional Building Approvals data from the ABS. This data is released as an unadjusted series so we need to consider the Conus Trend to make any kind of sense. When we look at the Local Government Area (LGA) data we see Cairns Regional Council …read more
Today saw the release of the regional building approvals data for Feb from the ABS. As always, this unadjusted original data can be highly volatile so we should consider instead the Conus Trends. Here we see the Trend for residential approvals in the Cassowary Coast Regional Council area static at …read more
The February Building Approvals data shows a 3.1% increase for the month (seasonally adjusted) for a 9.0% decline on the year. However the monthly increase is all down to (lumpy) unit approvals which were up 7.7%; house approvals fell by 1.0%. When we consider the less volatile Trend series we …read more
Yesterday saw the release of the ABS Regional Building Approvals data for December. The ABS provide the data only as an unadjusted monthly series, so we prefer to study our own Conus Trend to get a meaningful picture. In the Cairns region (including Douglas Shire) the ABS reported just 55 …read more
Today’s release of Building Approvals data for December were somewhat higher than expected generally, and show QLD doing better than the nation as a whole. The seasonally adjusted data for Australia showed approvals were up 9.2% m/m for a 2.5% decline over the year (the market had been tipping a …read more
I’ve been away enjoying some snow in Japan so have missed the past two week’s of data since the New Year. This post is an abridged version to simply update some charts and make a few comments… Building Approvals. The November nationwide approvals numbers (seasonally adjusted) saw a big dip …read more
With the headlines talking about the imminent closure of the Yabulu Nickel Refinery and the loss of up to 800 jobs, today’s regional building approvals data from the ABS are another sorry story that Townsville could really do without. As we noted last month (see here), the unemployment situation in …read more
Ahead of tomorrow’s release of the GDP data for the third quarter today’s better than expected Building Approvals for Oct might be interpreted as looking positive for growth. But we need to temper our excitement about what the (highly volatile) headline numbers are telling us. Firstly, to the numbers themselves. …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series