Comments coming from LNP Minister David Crisafulli regarding the allocation of the proceeds from the proposed lease of Townsville Port brings into focus concerns we have expressed previously about the inequity of the Newman Government’s stance on asset lease/sale proceeds. The LNP position, as stated to us personally at a …read more
Since introducing the Conus Trend series for regional jobs data we have had frequent queries as to why our data appears so different to that provided for the Cairns region by the Queensland Government Statisticians Office (their report for Cairns Sept data is available here). The simple answer is that …read more
After the confusion of the ABS revisions to the September labour force data (see here for details) it is perhaps not surprising to see the regional data also banging around. As always the headline data needs to be treated with a great deal of caution and, instead, focus should be …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
We were asked earlier today, regarding our Cairns Trend employment data, why our figures seemed so different to those from the Queensland Government’s own labour force data (see here). The Queensland Government Statistical Office data shows Cairns employment at 110,000 in Aug 2014, down from 117,000 a year earlier. Our own …read more
After the bizarre jobs data last week (see here for commentary) it is worth remembering that on a Trend basis Queensland saw the unemployment rate tick up to 6.7% from 6.6%. Fortunately the story in the Far North is looking better than that, with yet another month of improvement in …read more
Yesterday saw the release of Tourism Research Australia’s International Visitor Survey for the second quarter of 2014. We covered some of the detail yesterday (see here). TRA have opted to cease producing some data for public release; this includes the breakdown of visitors to regions by their country of origin. …read more
ABS data this morning for Building Approvals in July beat market expectations. Seasonally adjusted approvals were up 2.5% for the month (against expectations around +1.7%) for a 9.4% increase on the year. The bulk of the increase came from the highly volatile units sector, with housing approvals up by just …read more
Despite reporting as “news” data released more than 2 weeks ago (the regional labour stats) The Cairns Post has still managed to get it wrong! Today’s story is based on ABS data from Aug 14th and Herron Todd White’s Cairns Watch for August. Unfortunately when it comes to reporting the …read more
The Master Builders of Queensland Survey of Industry Conditions for June 2014 has been released, and it continues a trend of being rather more optimistic than either general current conditions or their own respondents recent results would appear to justify. Both Queensland Economy Watch and Loose Change have covered the …read more