Month: October 2016

Cairns rental gap

RTA rental data for the September quarter were generally consistent with the previous quarter. There may be some early signs that declines in Townsville and more so Mackay are stabilising. Mackay could be the earlier indicator to watch here after the extraordinary gains in coking coal (steel) prices over the last year. However the Cairns premium…

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Smooth flight path for Airport

While growth remains healthy the monthly passenger numbers for Cairns Airport have become almost boring in their recent consistency. In September Domestic was  +4.9%; international +9.1%. International growth rate has come back somewhat in recent months but that is to be expected given it is no longer coming off the previous very weak period. Good numbers also continue to…

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Queensland labour force sample

The most recent labour force numbers for September from the ABS were out yesterday. There is plenty of commentary and the usual political use and abuse of different statistics. There is also an interesting note from ABS at Insights from the original data. The incoming rotation group in Queensland in September 2016 was noticeably different…

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