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Today’s release of ABS Building Approvals data for June showed a surprise decline of 5% (seasonally adjusted) for a 16% increase over the year. Both houses and unit approvals fell. The less volatile Trend series showed a monthly fall of 1.1% for a year on year gain of 7.9%. Despite …read more
Following on from our post last week, which itself was in response to an excellent piece from Loose Change, we have now had some time to take a look at the general rates being charged across the region for the 2014-15 financial year. As was highlighted in the original post, …read more
Loose Change has an excellent post on the flaws inherent with using misleading data to compare rates across varying Councils. As Mark points out, the protocol of comparing rate levels at a given average land valuation level makes no sense whatsoever when land valuations vary so much from Council to …read more
The 2014-15 budget for the Cassowary Coast was agreed today and has seen a 2.95% increase in the General Rate. Council has put up a number of Fact Sheets on their website. Of particular interest are the Budget Summary, the Fact Sheet on Depreciation (a must-read for anyone needing to …read more
Today saw the (delayed) release of the National Regional Profile for 2008-’12. The full detail is available on the ABS website here. Among the mountain of data contained in 8 large spreadsheets are numbers on population by Local Government Area (LGA) as well as by Statistical Area Level 2 (SA2). SA2’s and …read more
The Building Approvals data for May would appear, on the face of it, to be very strong. The market had been expecting a rise of about 3.2% m/m in the seasonally adjusted data. Instead the result came in at +9.9% (+14.3% y/y). However, the strength is primarily down to very strong …read more
As was the case last month (see our commentary here), nationwide and state building approvals have come in much weaker than expected; this month FNQ has also weakened.Seasonally adjusted approvals nationwide fell 5.6% in April (against expectations of a rise around 2%) and were up just 1.1% from a year ago. …read more
Nationwide building approvals for March have come in much weaker than expected. Seasonally adjusted data showed a 3.5% decline on the month for a 20% increase over the past 12 months. The Trend data confirms the slowing with a second consecutive monthly decline (-0.8%) for a 21.9% increase over the …read more
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
Following on from this morning’s post on the latest ABS Regional Population data (see here) I have taken some time to look at the data for the Cassowary Coast in a little more detail. The data quoted in the first post relates to Local Government Areas and notes a decline …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series