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ECONOMIC PROSPECTS FOR CAIRNS

OVER THE NEXT FEW YEARS. WS (Bill) Cummings. ECONOMIC PROSPECTS FOR CAIRNS. Presentation to MARINE QUEENSLAND. Ref: J2413 | March 2011. RESIDENTIAL POPULATION GROWTH - CAIRNS. Cummings Economics / March 2011. Number. DWELLING APPROVALS Far North Queensland Statistical Division.

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ECONOMIC PROSPECTS FOR CAIRNS

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  1. OVER THE NEXT FEW YEARS WS (Bill) Cummings ECONOMIC PROSPECTS FOR CAIRNS Presentation toMARINE QUEENSLAND Ref: J2413 | March 2011

  2. RESIDENTIAL POPULATION GROWTH - CAIRNS Cummings Economics/March 2011

  3. Number DWELLING APPROVALSFar North Queensland Statistical Division Source: Cummings Economics from ABS data. Cummings Economics/March 2011

  4. $M VALUE OF BUILDING APPROVALSFar North Queensland Statistical Division Source: Cummings Economics from ABS data. Cummings Economics/March 2011

  5. WORKFORCE CHANGES CAIRNS Cummings Economics/March 2011

  6. UNEMPLOYMENT RATEFAR NORTH QUEENSLAND & AUSTRALIA Source: Cummings Economics from ABS data. Cummings Economics/March 2011

  7. Workforce Far North Queensland Statistical Division (1) Cummings Economics/March 2011

  8. ESTIMATED INCOME OF ‘BASE INDUSTRIES’EARNING INCOME FROM OUTSIDE THE REGION (1) Cummings Economics/March 2011

  9. % YEAR ON YEAR GROWTH IN PASSENGER NUMBERS CAIRNS AIRPORT PILOTS DISPUTE ASIAN CRISIS ANSETT COLLAPSE Source: Cummings Economics from ABS data. Cummings Economics/March 2011

  10. GROSS VALUE AGRICULTURAL PRODUCTION(LONG TERM GROWTH 1982/83 TO 2008/09) Cummings Economics/March 2011

  11. $M VALUE OF MINING FAR NORTH QUEENSLAND Source: Cummings Economics from ABS data. Cummings Economics/March 2011

  12. WORKFORCE CHANGES CAIRNS Cummings Economics/March 2011

  13. Cummings Economics/March 2011

  14. Cummings Economics/March 2011

  15. JAPANESE FLIGHTS DECISION • CONSTRUCTION FINANCE STOPS OVERNIGHT • COMMODITY PRICES DROP • INTEREST RATES DROP • AUSTRALIAN DOLLAR DROPS LATE 2008 & 2009 Cummings Economics/March 2011

  16. Monthly Passenger Movements Cairns Airport Percent Increase on Same Month Previous Year Cummings Economics/March 2011

  17. Cummings Economics/March 2011

  18. AGRICULTURE • TRADE WITH PNG • FLY - IN • GOVERNMENT SECTOR FUTURE Cummings Economics/March 2011

  19. RECOVERY ONLY WHEN PRIVATE BUILDING APPROVALS RECOVER FUTURE Cummings Economics/March 2011

  20. RENTAL VACANCY RATES Cummings Economics/March 2011

  21. Cummings Economics/March 2011

  22. MARINE SECTOR Cummings Economics/March 2011

  23. MARINE SECTOR NEED FOR RENEWED EMPHASIS ON PORTS AND MARINE SECTOR Cummings Economics/March 2011

  24. Cummings Economics 38 Grafton St, Cairns, 4870Ph: 40312888 | Email: cummings@cummings.net.au | Fax: 40311108 Ref: J2239 | 31 July 2009www.cummings.net.au The Cairns Economy Presentation to the Marine Queensland

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