Tropical Cyclone Outlook

BOM last week posted Australian Tropical Cyclone Outlook for 2020 to 2021: The Eastern region outlook has a 67% chance of more tropical cyclones than average, with a 33% chance of fewer tropical cyclones than average. The average number of tropical cyclones for this region is four, and about a quarter of tropical cyclones in the Eastern…

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Airport September

A modest recovery continued in Cairns Airport numbers for September: This is a time of year when numbers would become seasonally lower but seasonality is currently mostly meaningless. September domestic was down 63.2% on the previous year. It was down 72.9% in August on the previous year. Net arrivals though are positive with the green…

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SQM Rentals

SQM Research have updated rental vacancy rates for September. Tabulated for postcodes falling within the Cairns urban area: Vacancies # Vacancy Rate % 4870 207 1.4 4879 82 2.4 4878 24 0.9 4868 19 0.6 4869 6 0.2 4865 2 0.2 This is consistent with recent data from CairnsWatch and the SQM beta listings series…

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September Pokies

Cairns EGM pokies numbers for September have faded slightly but remain at extraordinarily elevated levels compared to 2019: Within that tabulated the initial splurge in the allegedly empty Cairns CBD has given way to robust numbers in regions around the Cassowary Coast and Tableland. Queensland EGM Growth by Various Regions YoY September July-September* Queensland 20.6%…

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Election Notes #1

Updated enrolment statistics ahead of the Queensland election presented here for key FNQ divisions since the previous 2017 election: Black dotted line is the Queensland division average. Barron River is the most marginal. The population growth disparity is apparent with Barron River overtaking Cairns since the last election. The decline in the first quarter of…

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6000 Jobs

I really wanted to just go away and ignore the election spin but a headline at the Cairns Post: Deb Frecklington has committed $20 million to buy a massive piece of machinery to create 6000 jobs in Cairns — but important questions remain about the fine print. Bugger Modern Monetary Theory. One wonders why there…

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Budget Population

Amidst the budget blather are some population projections Budget Paper No. 3 Appendix A: Parameters and Further Information Net interstate migration where Extras amalgamate the minor states: Population growth by state: Meanwhile, Warren Entsch: “I’ve got masses of budget papers. You’d need a donkey to carry it, they’re that heavy,” he said.   Wazza recently…

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Playing with new listings data

To follow on from the previous post a further look at the new beta listings series from SQM. This is national weekly rental listings for Australia to 25 September: This clearly shows that the house/unit split in the CairnsWatch rentroll survey is very much a national trend. Social distancing extends to housing preferences presumably? This…

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Wake me up when September ends

End of the September month and quarter is going to bring a slew of interesting data my recent malaise. Veteran Rick Carr at HTW kicked it off with his now bi-monthly CairnsWatch which included rental vacancies to August broken down by units and houses: Source: HTW CairnsWatch This is a rent roll survey by HTW…

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