Early this year we prematurely lost Rick Carr who had been producing CairnsWatch at Herron Todd White for many years. I had intended to post at the time and has been on my mind ever since. I’m not sure if I’m mistaken but subscribed to a glossy hard copy report way back in the early…
Reef Casino (RCT) have posted estimated distributable 1H profit to June 30 of approximately 6.0 million. This isn’t far short of the previous 1H peak back in 2015. This chart is adjusted to exclude items such as the impairments which were written off in the 1H 2020 result amid covid closure uncertainty and written back…
I don’t seek to be rude but this trend reminds me of JK Galbraith’s description of the Laffer Curve as a wishbone: Pete is aware of and has referenced the different data series but why he has chosen to join the two in this way is beyond me. The methodology isn’t valid. Refer to the…
Read more Preliminary JobSeeker SA4 Data Analysis: Spot the problem
SQM posted rental vacancy data for May this week. To start at the conclusion from Louis Christopher: Rental vacancy rates have fallen across the board in May, driving rents higher, especially in regional locations. This trend is likely to remain through the second half of the year, given the fierce competition for rental accommodation in…
Cairns Airport numbers for May continued a positive response from the nadir: Passengers in May 2021 were 75.4% of May 2019. This data is sensitive to small differences in monthly comparisons depending on the lunar ceremonies, leap years, and shifts by a day or so in the timing of weekends and school holidays within the…
Following the previous post this is the five SA3 regions within the Cairns SA4. Douglas-Daintree is contrary to everything that was profoundly forecast just a few months ago. Douglas-Daintree is also the smallest region within Cairns SA4 in population.
Usual caveats about seasonality apply. Data is to May 22.
Any outside commentator and no matter how many letters or reputational credentials attached to their name will almost always over-state tourism in the Cairns regional economy, this century. That’s all Note: This has been updated to apply to this century.
Electoral enrolment numbers data is an imperfect indicator of population movements. They are probably though a better indicator if anything since immigration was slammed shut. There is currently a Commonwealth redistribution happening with an additional seat allocated to Victoria and a loss in Western Australia: Determination of membership entitlement to the House of Representatives: Information…
Catching up on regional payrolls data which is due to be updated by ABS next week. Usual caveats around seasonality on a new series with a short history. If I had to eyeball a trend to watch here it would be Mackay which was initially among the most resilient regions despite including Whitsundays. Conus: What’s…
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