Fung associates found guilty

What more can I say. There have been so many contradictory statements around Aquis including the role of Michael King found guilty this week of charges including fabrication of documents. The ACT government has given approval for 200 pokies at a redeveloped Canberra Casino. Fung bought the casino as part of the failed Reef bid…

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Credit tightens for unit lending

Macquarie Bank launches clampdown on high rise lending Barron Gorge? Well that’s not a complete listing of all 120 postcodes reproduced at the AFR and being among the largest postcodes in Qld will simply list all locations within 4870 I guess. Would suspect the beaches postcodes may also be included. Interesting given the state of the Cairns unit…

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Some further comments and charts on building approvals

Some further charts following previous comments on building approvals in Townsville not being catastrophic. I have updated some charts from previous years on residential building approvals related to population for the major metropolitan and regional councils. For consistency this continues with amalgamated councils for Cairns, Rockhampton and Sunshine Coast. This is dwelling approvals from ABS for the…

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March building approvals

Regional March building approval data from the ABS today. Charts have been updated in building approvals A few points: The last two months haven’t been too bad at SA4 regional level but very bumpy in the breakdown. A high number of dwelling approvals in Atherton was a feature in Tableland and boosted the total for…

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ABS Arrivals

3401.0 – Overseas Arrivals and Departures, Australia, Mar 2016 SHORT-TERM VISITOR ARRIVALS In trend terms, short-term visitor arrivals to Australia during March 2016 (658,900 movements) increased 0.3% when compared with February 2016 (656,700 movements). Currently, short-term visitor arrivals are 8.7% higher than in March 2015. SHORT-TERM VISITOR ARRIVALS, Australia The following table presents the top…

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Labour Day

I can’t help it. I heard it on the radio. Unions in Qld have demanded that Canberra consider pro-employment policies today. Retail trade in Qld is effectively shut for the day. Have they thought about this?

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Tourism Satellite Accounts

Tourism Satellite Accounts 2014-2015 were released this week. Key results: Direct tourism GDP increased 5.3 per cent (or $2.4 billion) to $47.5 billion. Over the same period, the Australian economy grew at a slower rate (up 1.6 per cent). Tourism’s share of total GDP increased strongly to 3.0 per cent. Domestic tourism GDP increased 4.1 per cent (or $1.4 billion) to $34.2 billion, with…

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Cairns Hospital scores for efficiency

The MyHospitals website has today posted a new report and data on Hospital Performance: Costs of acute admitted patients in public hospitals from 2011–12 to 2013–14 The report covers hospitals in the ‘major metropolitan’ and ‘major regional’ categories. Among the ‘major regionals’ Cairns scored better than average with the lowest cost per NWAU (national weighted…

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