- Telephone
- Email
After last months very strong Building Approvals data (see our post here) the market had been expecting a fall of 4.8-5.0% for the Dec data. In actual fact the monthly seasonally adjusted decline was just 3.3% for a 8.8% increase over the year. In addition the previous month’s data was …read more
An article in today’s Innisfail Advocate regarding building approvals in the Cassowary Coast would appear to give us some insight into the CCRC building approvals data for Dec well before the ABS release it (due 10th Feb). The story quotes Mayor Bill Shannon as saying that residential building approvals for …read more
Regional building approvals data for Nov has turned out to be a bit of a mixed bag. The unadjusted data from the ABS shows that Cairns (including Douglas) saw a total of just 42 approvals (half of the total for Oct), the Cassowary Coast saw a sharp uptick to 14 …read more
Despite a strong set of numbers for national building approvals the picture in QLD remains stubbornly weak, as the hart below makes clear. Across the nation seasonally adjusted approvals rose 7.5% m/m and 10.1% y/y on the back of solid unit approvals (particularly in Victoria). The rather less volatile Trend …read more
The strong bounce in national building approvals noted last week (which was not replicated in QLD) appears to have been a feature in Cairns during October. ABS data released this morning show total unadjusted approvals in Cairns and Douglas were 84; Townsville 168 and Cassowary Coast just 4. As always, …read more
Despite the rather disappointing QLD Building Approvals data reported on last week (see here), the regional data released this morning shows that things are holding up OK in the Far North. The ABS produce raw (unadjusted) data for the Local Government Areas and this shows Cairns (incl Port Douglas) at …read more
Although we have been, and continue to be, rather sceptical about the Master Builders Survey of Industry Conditions (largely because the forecast changes always seem either wildly optimistic, or horribly pessimistic) their most recent report for the Sept quarter (available for download here) shows actual business performance conditions (as opposed …read more
The upswing that we’ve been seeing in Building Approvals appears to be coming to a rather abrupt end. The data for Sept shows nationwide approvals fell by 11.0% for the month and by 13.4% for the year. However, these seasonally adjusted figures are often very “lumpy” because of the impact …read more
Following on from the solid building approvals data last week for the nation and State (see here), today sees the regional data also showing a strong trend in the Far North. Approvals in Cairns and Douglas came in at 59 in August, Cassowary Coast at 11 and Townsville at 148. …read more
Data released this morning shows Building Approvals nationwide rose by a seasonally adjusted 3% in August (against expectations of a 1% rise). This takes the annual growth rate to 14.5% (up from 9.6% in July). However, the increase was all due to volatile unit approvals while house approvals actually fell …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series