Month: August 2018

A Mixed Experience

I started a watch on ASX listed Experience Co (EXP) last year after their acquisition of a string of Cairns based tourism businesses: Raging Thunder, Reef Magic, Big Cat, GBR Helicopters, Tropical Journeys. EXP had previously been Skydive the Beach (SKB) with a business model based on aggregating operations in that sector. My most recent…

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Pokies hold down Reef Casino

Reef Casino released half year results last week. The result was in line with previous guidance at the AGM and while a recovery from last years poor first half was not an outstanding result in historical context: Corporate Coffee Gossip Detailed breakdown commentary provides a some items of interest: There is also subsequent commentary in this…

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Population and Migration

Migration seems to be a current controversy. Nick Behrens has a recent post questioning the low Queensland share of overseas migration Overseas Migrants to Queensland: Where the bloody hell are you? The most recent data from ABS: 3218.0 – Regional Population Growth, Australia, 2016-17 This provides ABS estimates of net overseas migration by SA2. I…

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Douglas pokie boom

Monthly Electronic Gaming Machine (EGM) stats for July and while Cairns maintains a comfortable lead in player losses a sustained recovery in Townsville has annual growth neck and neck ay 4.9%.  Ahead of total Queensland growth at 4.1%. This is local council areas ex – casinos: A curiosity is that growth for Cairns SA4 ex…

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Palm Cove: unoccupied?

The equivalent Tuesday of this week in August two years ago was the 2016 census. Among questions that linger is whether there were really 30.1% of private dwellings in Palm Cove unoccupied on census night? This isn’t too far above locations like the City and Port Douglas at 26.4% and 25%. It is also almost…

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RTA Data Review

Posting of the Residential Tenancy Authority rental data for Queensland has been delayed for the June quarter. I did send a query and really appreciate the response from RTA who are reviewing the format and have forwarded the North Queensland data in the current excel file format.   Points to note: No sign of a…

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