De-complexifying recent trends in the Cairns economy


Non-residential building has been a significant driver of activity in recent years. This can be lumpy around large projects and shown here is a 12 month moving average. The Nova project is still out there in never-never land but has washed through the 12 month approvals average some time ago. A delayed start is imminent on the convention centre expansion which seems to have become a political football. It wouldn’t surprise to see the private sector project pipeline start to turn down post covid.

My contribution to trend analysis here is the inclusion of a Cairns green dotted excel linear regression line for emphasis only.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: