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The release of the regional Building Approvals data for Sept is a bit of a mixed bag for the area. The unadjusted ABS data is, as always, too volatile to use as a clear guide. Rather we need to focus on the Conus Trend. In Cairns (incl Port Douglas) the …read more
The ABS released Sept Building Approvals data shows total approvals (seasonally adjusted) rose 2.2% m/m for a 21.4% increase on the year. However, previous month’s data was revised slightly weaker. The data is always liable to high levels of volatility because of the “lumpy” nature of unit approvals, and this …read more
Today sees the release of the (unadjusted) regional building approvals data which shows the Cassowary Coast as the stand-out performer for the month of August. The ABS unadjusted original data is so wildly volatile that we really need to focus our attention on the Conus Trend series, and in doing …read more
After last week’s release of slightly better than expected building approvals data at the state and national levels (see here) today saw the release of the regional data. As always the ABS regional data is presented in its original form without any seasonal adjustment so we need to consider the Conus …read more
The Building Approvals data for July has come in slightly better than expected; at the same time we have seen positive revisions to last month’s weak data. In July total approvals nationwide rose by 4.2% seasonally adjusted (expected +2.9%) with the 8.2% decline in June being revised to a 5.2% …read more
The regional residential building approvals data for the Far North in June were a bit of a mixed bag. Data released by the ABS this morning shows a total of 59 approvals in Cairns (incl Douglas) after 68 in May; 121 in Townsville after 93 in May; and 13 in …read more
The June Building Approvals data for June released today by the ABS show total approvals fell (seasonally adjusted) by 8.2% on the month for a 8.6% increase over the year (this down from +18.3% last month). Market expectations had centred around a 0.8% decline. However, after last month’s numbers being …read more
After last months’ disappointing building approvals data, today’s numbers for May indicate a slightly stronger picture in the Far North. The headline, unadjusted data from the ABS is always too volatile to discern direction from, but the Conus Trend paints a picture. The unadjusted data showed 98 approvals in Townsville, …read more
The release of May Building Approvals from the ABS this morning were better than the market had been expecting. Total approvals (seasonally adjusted) rose by 2.4% in May against expectations of a 1.2% increase. This gives us a 17.6% increase from the same time a year ago. However, the increase …read more
The ABS today released the National Regional Profile for the years 2009-13. This data, which covers a broad range of topics, is collected for Local Government Areas, and the Statistical Areas down to SA2 level (Innisfail, Johnstone and Tully). Some of the more relevant details for the Cassowary Coast since …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series