RTA June quarter

RTA rental bond data median rents for the June quarter: This is median rent for new bonds lodged in the quarter. In the current circumstances changes in number of bonds lodged may be just as relevant. This appears to show an unusual  increase in Cairns for the quarter so should go back and check some…

Read more RTA June quarter

Queensland on Top?

Taylor Fry have developed a Covid-19 Financial Impact Index with an interactive map which appears to show Queensland as the outstanding performer of the states (ex NT) on their most recent data to June 13: This has attracted some media interest:  ‘Middle-class disaster’: Inner-city professionals take biggest financial hit from COVID Middle-class professionals in inner-city…

Read more Queensland on Top?

Jobs Data Musings

Maybe we should now invent a new TV quiz game. Lets call it guess the data series: Actually I was just too lazy to bother further with it as I didn’t think it was worth the time. This is weekly payrolls from ABS by SA4 in Queensland indexed to 100 at March 14 which was…

Read more Jobs Data Musings

The barbarians are at the gate*

Grey nomads celebrate Queensland border opening as they migrate north: “It’s like the whales swimming up the east coast going to the warmer waters – we go to the warmer climate.” While the breaching of humpback whales is a spectacular sight there is no record that a breaching of grey nomads is at all pleasant.…

Read more The barbarians are at the gate*

Council Budgets

Budget 2020-21 this week from Cairns and Douglas councils in challenging times. Both announced CPI increases in rates but adopted different numbers. Douglas went for 2.2% which was the national increase year to the March quarter while Cairns went for 1.8% which was the Brisbane CPI increase, or perhaps they were using the trimmed mean?…

Read more Council Budgets

Airport May

Passengers through Cairns Airport remained meagre in May but nudged just slightly higher than April. There were 151 international passengers recorded in May comprising 56 arrivals and 95 departures. Best to just stick to domestic traffic for now: If there is any consolation the 95.7% domestic fall in May from the previous year outperformed Sydney…

Read more Airport May

JobKeeper postcode data

Two weeks after the News Ltd “exclusive” on JobKeeper postcode data the Australian Treasury finally got around this week to posting the actual data: JobKeeper postcode data What this shows is what was suspected. It’s a simple two column list of postcodes and business JobKeeper application numbers attached to that postcode by ATO. The data…

Read more JobKeeper postcode data

Seeking Relevant JobKeeper Data

Thanks to Pete Faulkner at Conus for guiding me to an alternative analysis of JobKeeper: Where do people receiving JobKeeper live? This features an interactive map with apologies for truncating Western Australia and Tasmania. The basic methodology here which also adjusts for population: We’ve used business survey data on JobKeeper takeup from the Australian Bureau…

Read more Seeking Relevant JobKeeper Data

Use and Abuse of Postcode Data

News Ltd publications around the nation recently reported JobKeeper data by postcode exclusively sourced from the Australian Treasury. This is mostly paywalled but there are some reports outside such as at Yahoo: Postcodes most at risk when JobKeeper ends It is no surprise that locations such as Cairns and Gold Coast are on the list…

Read more Use and Abuse of Postcode Data

SQM rental vacancy rates May

May SQM rental vacancy data postcodes 4870 Cairns, 4879 Beaches, 4877 Port Douglas: What then to make of this on asking rents also from SQM: This 3 year and 12 month change for units in 4870 is completely unhinged from RTA rental bond quarterly data to March which will be updated next month. It can…

Read more SQM rental vacancy rates May