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
The Cairns Post runs a story this morning highlighting the fact that the number of travellers through the airport breached the 4.5 million mark in the financial year ending June 2014; and so they did. The full statistics are available from Cairns Airport here. Unfortunately for the ever-vigilant Post the …read more
An interesting report from the Dept of Infrastructure and Regional Development provides data for the year to June 2014 on the performance of our local airlines and airports. Included in the report are details of which airline had the best on-time performance for departures (Qantas and Regional Express) and arrivals …read more
Comments from a reader to yesterday’s post regarding Cairns and Townsville regional labour force data, together with a post from Loose Change on Cairns Participation, have spurred me into taking a closer look at Participation in both regions and the effect this is having on the unemployment rate. To recap; …read more
The ABS release of regional labour market data has shown the Cairns region performed remarkably well in July despite the national and state weakness that we saw last week (see here for our comments at the time). The headline, unadjusted data might appear unbelievably good but when we see through that and …read more
Our friend Gene Tunny (Queensland Economy Watch) gave a speech to the University of the Third Age, Redlands yesterday which is well worth a read. It’s an interesting precis of Australian economic history and a review of what might be in our futures. Of particular interest for our region is …read more
Feelings are running hot in Cairns regarding the proposed Aquis Resort. The anti-Aquis community group Aquis Aware Coalition of Concerned Citizens has publicly released their submission on the Environmental Impact Statement; and they’re obviously not fans. However, while criticising (with some justification) the EIS for its accuracy and content, the group’s …read more
Yesterday saw plenty of commentary about the poor jobs numbers (see our own piece here). In particular we, and others, highlighted the weakness in the QLD data (see here). Predictably today has seen something of a rush to defend the record from the State Government. This article sums up the …read more
This morning’s labour force data was a shocker for QLD, particularly when we consider the situation for full-time jobs. The chart below makes it clear that, as far as full-time jobs are concerned, the Blues not only won Origin but are thrashing the Maroons here too. QLD is the only …read more
The short-term arrivals and departures data from the ABS this morning showed arrivals down sharply in June from May. At 565,000 they were just 0.4% higher than in June 2013. However, over the past 12 months total arrivals are up 7.7% on the same period a year ago and stand …read more