SQM Research: National Rental Vacancy Rate Drops in April : SQM Research today has revealed the national residential rental vacancy rate dropped to 1.9% over the month of April 2021 from 2.1% in March, with suburban vacancy rates continuing to fall, with landlords demanding huge rent hikes in some locations including the Gold Coast and North…
Alan Kohler who is a person I respect and have followed for many years now: This however was unprofessional, uncorroborated, and not deserving of respect. It was accompanied by Alan Kohler: What’s to be done about post-JobKeeper Cairns? (thenewdaily.com.au): Pete Faulkner had picked up on this at Conus: Cairns unemployment rate falls again but things…
March quarter data from the Residential Tenancy Authority revealed continued growth in regional tropical cities: Total rental bonds lodged at quarter end March 31 didn’t change much after a rather volatile period: However the total number of rental bonds held in Cairns is now around the same level it was seven years ago. When I…
In January the government released the final ACCC report on insurance in Northern Australia. This week the PM has announced on a visit to Cairns a $10 billion guarantee for a disaster reinsurance pool for Northern Australia. In the way of things this is an announcement absent any detail which wont likely come until after…
Restoration post border closures of what had been my seasonal southern sojourns to avoid the wet season at Port Stephens and catch up with family ended up this year moving straight into a hundred year flood on the NSW mid-north coast. Tragically this also washed away my sojourn breakfast menu of fresh local blue swimmer…
Cairns Airport domestic passenger numbers for March were actually up 2.5% on the previous year although this is rather meaningless given the contrasting circumstances. March 2020 was when things got interesting and traffic through the airport was dominated by departing visitors. March 2021 reverses that with arrivals leading into Easter and the school holiday period…
February is typically the bottom month for most things in Cairns except rainfall. Pokies followed the seasonal trend but remain comfortably above pre-pandemic levels. Growth rates appear to be reverting again towards more realistic levels but that’s what I said back in November. Monthly growth rates since reopening tabulated and it’s the surrounding Cairns Regions…
Cairns Airport numbers for January not much changed from the previous month. Domestic down -48.9% on the previous year, International -98.5%, Total -55.7%: Within that despite reduced traffic was a larger than usual seasonal swing in net arrivals/departures perhaps reflecting the pandemic composition of the passenger mix. December net arrival peaks back to 2015 are…
RTA rental bond data for the December quarter continues recent trends in median rents: The number of rental bonds held in Cairns Regional Council at December 31 declined by 338 (-1.5%) which is the largest quarterly decline for the series. The decline was led by the beaches with postcode 4879 down 111 (-3.6%). This is…
OLGR have this week posted Pokie statistics for December. Last month’s comment that numbers were reverting back towards reality has been blown away as Santa Claus delivered for the pubs and clubs. While Queensland was up 21.6% on the previous December, the Cairns SA4 was up a mind-boggling 64.6% with a metered win (loss) of…
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