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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
Regional ABS data for April shows building approvals in the Cassowary Coast slowed sharply, despite positive comments from the Council about first quarter data in the local press just last week (see our previous commentary on what appeared strong data). Unadjusted approvals in April were just 2 (after 11 in …read more
The Building Approvals data for April has come in weaker than anticipated, but the result is due to the (highly volatile) units sector experiencing heavy falls in the month. Seasonally adjusted data shows total approvals fell 4.4% on the month for a 16.3% increase over the year. However, house approvals …read more
The ABS data for regional housing approvals in March released this morning show the positive trend in the Far North continuing, despite the headline data for Cairns weakening slightly from Feb. The unadjusted data from the ABS is notoriously volatile so we need to consider the Conus Trend series to …read more
The Building Approvals data for March released today has beaten market expectations and cemented a strongly positive trend both at State and National level. The seasonally adjusted data showed total approvals up 2.8% for the month (against expectations of a 1.6% fall); this equates to a 23.6% increase over the …read more
Last week’s building approvals data for Feb saw a big correction from the stellar Jan figures (see here) so we might have expected things to have eased slightly in the Far North too; in fact that has not been the case. The raw, unadjusted ABS data shows Cairns (incl Douglas) had 71 …read more
ABS data released today for Feb show building approvals reversing some of the strong growth seen in Jan (as had been broadly expected). On a seasonally adjusted basis Feb saw a 3.2% decline (driven by a 6.6% dip in unit approvals) for a 14.3% increase over the year. The less …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series