Experienced Thoughts

Experience Co released annual results today. This isn’t what it was when it represented a bigger cross section of FNQ tourism business but is still more reliable than certain tourism lobby group interests. The quality of management here for a relatively small company is highly regarded. I think I am actually surprised by the monthly…

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July JobSeekers

JobSeeker numbers last week showed further ongoing July decline in the Cairns SA4 region ahead of the August lockdowns. The decline had closed towards March 2020 levels as a percentage of of working age population derived from the ABS labour force series.   Again, and from my very first post last year on this, simple percentage…

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Sugar Boost

There hasn’t been much good news in the last month for the Far North economy but quietly in the background sugar has been on a run and now at the highest prices ($US) for a few years. This appears to be because of issues in Brazil: Sugar futures on ICE soared to $20 per pound…

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July Airport Exodus

Airport numbers for July reflected the introduction of lockdowns. While only down 12.4% from the previous month July is usually the peak month of the year. Monthly and annual comparisons can become problematic in these circumstances. July 2021 was down to 48% of pre-covid July 2019 passengers which is the lowest on this comparison since…

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Vaccination Data #1

State and regional vaccination data this week to August 2 which can be browsed in map and table format at The Guardian. Queensland SA4 regions ranked top to bottom by fully vaxxed: There has been comment around the position of Mackay at the bottom of the table given the protests and position of George Christensen…

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Council Rates Benchmarking 2021

The annual Council rates benchmarking exercise presented at the July meeting again shows a relatively favourable outcome for Cairns. Much of the difference can sometimes be attributed to water rates where costs in SEQ are far higher. I prefer to focus on the general rates related to property valuations. Higher minimum general rate structures limit…

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Lockdowns & Interim JobSeekers

Amid reports that Centrelink is overwhelmed with processing Covid Disaster Payments there has been another parliamentary drop of JobSeeker data up to July 9th. The previous monthly data was for the week ended 25th June. This was the two week period of school holidays and Cairns SA4 saw a further drop of 631 or -3.6%…

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BITRE Top Cairns Routes

BITRE data has been updated to May for top airline routes: The post-pandemic convergence of numbers from MEL and SYD can probably best be explained by the loss of international passengers on domestic routes. April and May were the first reasonable recovery comparison months we have before recent lockdowns. I would now be less confident…

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Things I don’t (yet) understand

RTA released bonds data on Friday. Cairns Regional Council area: My problem is still this: This generally flat trend since 2014 2013 is exceptional to Cairns among regional Queensland cities. Rental bonds are not compulsory but have previously aligned reasonably with census data. Bond numbers are as held at end of quarter by RTA. Rental…

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