Australian Accommodation Monitor

Somewhere in the last month the Australian Accommodation Monitor was posted for 2019-2020. This series has been outsourced by Tourism Research Australia (TRA) since 2016-2017 to STR. Previously there was an annual series from ABS. Again, how useful this series is in the current circumstances is dubious. The tourism regional data provided is only annual…

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Insurance Movements

Recent news release from Insurance Council Australia ICA modelling suggests that reducing flood risk through permanent mitigation could reduce insurance premiums by up to 21 per cent. Further significant premium reductions of 9-12 per cent would be possible through improving building resilience to storms and cyclones, and improvements in flood data to show first-floor heights. Premiums…

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BITRE August Airports

BITRE aviation data always lags by a few months with the latest update to August for the (pre-covid) Top 20 Airports: August 2020 Passengers % Change YoY ADELAIDE  74 562 -87.9% ALICE SPRINGS  16 989 -68.3% AYERS ROCK   0 -100.0% BALLINA  27 154 -31.4% BRISBANE  284 350 -81.4% CAIRNS  97 822 -74.3% CANBERRA  13…

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RTA Rental Bonds

RTA rental bonds confirm the abrupt upward shift following the March quarter: This is the total number of rental bonds held by RTA at the end of the quarter. I still remain wary of the data quality. There was no response from a query to RTA following the large bounce in the previous quarter. The…

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September JobSeekers

JobSeekers numbers for September declined in all SA2 regions within the Cairns SA4. The monthly change profile based from March by SA2 as a percentage of the pre-covid SA2 SALM labour force: Cairns SA4 is highlighted in red and the Cairns City SA2 with the highest nominal number of JobSeekers by SA2 in black. Labelling…

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Tropical Cyclone Outlook

BOM last week posted Australian Tropical Cyclone Outlook for 2020 to 2021: The Eastern region outlook has a 67% chance of more tropical cyclones than average, with a 33% chance of fewer tropical cyclones than average. The average number of tropical cyclones for this region is four, and about a quarter of tropical cyclones in the Eastern…

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Airport September

A modest recovery continued in Cairns Airport numbers for September: This is a time of year when numbers would become seasonally lower but seasonality is currently mostly meaningless. September domestic was down 63.2% on the previous year. It was down 72.9% in August on the previous year. Net arrivals though are positive with the green…

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SQM Rentals

SQM Research have updated rental vacancy rates for September. Tabulated for postcodes falling within the Cairns urban area: Vacancies # Vacancy Rate % 4870 207 1.4 4879 82 2.4 4878 24 0.9 4868 19 0.6 4869 6 0.2 4865 2 0.2 This is consistent with recent data from CairnsWatch and the SQM beta listings series…

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September Pokies

Cairns EGM pokies numbers for September have faded slightly but remain at extraordinarily elevated levels compared to 2019: Within that tabulated the initial splurge in the allegedly empty Cairns CBD has given way to robust numbers in regions around the Cassowary Coast and Tableland. Queensland EGM Growth by Various Regions YoY September July-September* Queensland 20.6%…

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Election Notes #1

Updated enrolment statistics ahead of the Queensland election presented here for key FNQ divisions since the previous 2017 election: Black dotted line is the Queensland division average. Barron River is the most marginal. The population growth disparity is apparent with Barron River overtaking Cairns since the last election. The decline in the first quarter of…

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