After the positive national and state jobs data for March released last week (see here), once again we are faced with very disappointing regional data in the Far North. The headline unemployment rate for Cairns is back above 10% (10.1%) for the first time in 2 years. The headline number …read more
The ABS has released regional population estimates (as of end June 2013) this morning which show Townsville as the stand-out growth winner in the North.Total population in Australia was estimated at 23.1 million, an increase of 407,000 (+1.8%) over the year to June 2013. QLD enjoyed the third fastest growth …read more
This morning’s release of building approvals data showed a sharp 5% decline m/m in the country as a whole (this still left the annual increase at 23.2%), as units fell sharply (-7.7%); houses also fell 2.1%. These are always highly volatile numbers so the Trend series is much preferred; this …read more
After yesterday’s effort regarding “soaring” cost of living pressures (see our post here), today the Cairns Post reports “soaring” passenger numbers at Cairns Airport. Passenger numbers at Cairns have certainly been on a steady trend of growth (as has been well documented for some time by Loose Change; his latest on the airport …read more
Not known for letting the facts ever get in the way of a good (?) story, the Cairns Post today runs an article which claims that families and young professionals are struggling to make ends meet as “living costs continue to soar”. The basis for this claim is their State of the …read more