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  1. D

    Cairns, House and land.

    There are plenty of those but they are not included in population. We use ABS information in Cairns and understand it is not that accurate due to small sample size but the trend is what we try to keep an eye on. Population includes children so best to use participation rate from ABS. So the...
  2. D

    Cairns, House and land.

    The workforce participation rate is low at about 60%. This is possibly a new normal and could be an issue down the road...everywhere. In the US workforce participation rate is down to about 62% from a peak of 67% but they forecast it to be around 59% to 60% long term. We are becoming too...
  3. D

    Cairns, House and land.

    I forgot there is something happening and that is the start of direct flights from Singapore. I think they will try to sell off the plan to investors in Singapore. I really do not know if this will be a good or a bad thing. There is only one flight in per week to start and two out. People that...
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    Cairns, House and land.

    Some good advice. The problem cold be over supply. They have approved Mt Peter massive housing development for 50,000 people. Old drive in site at Woree has been about to start for years. In the CBD there has been approval for 12 towers. So the scarcity angle is one to be informed about. However...
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