Cairns News Report – 2nd February 2019

cairns mortgage broker jason thomson

Welcome to this weeks edition of my Cairns News Report, a complimentary ‘week in review’ of all the pertinent news stories on what’s happening around Cairns.

A few of the top stories included:

  • construction on the $55 million redevelopment of Cairns Airport’s domestic terminal is set to start in two weeks;
  • Cairns will come to life with culture and colour this week as about 40,000 additional visitors make their way to the city for Chinese New Year celebrations; and
  • Cairns airport data shows a big dip in passengers, both domestically and internationally.

If you missed any of the top Cairns news stories from last week – here they all are in full below. Just click the title to read the full story.

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cairns mortgage broker jason thomson

 

Shop Need to Lift Their Game, Cairns Post e­-Paper – The Cairns Post ­ – 28 Jan 2019

AN inner-city commercial property manager has implored landlords and retailers to pick up the slack and do their part to create a more vibrant CBD. CBRE managing director Danny Betros said Cairns Regional Council had done a remarkable job in revamping the CBD and while some retailers had been hit hard by online competitors, there was still room for improvement.

Airbnb Boom Puts $20m in Pockets of Homeowners, Cairns Post e­-Paper – The Cairns Post ­ – 29 Jan 2019

PROPERTY owners across Cairns welcomed more than 115,000 guests through Airbnb last year – all totting up to almost $20 million in extra income. The new figures from the rental website reveal more than 37,000 Cairns locals also used the app as guests with the typical Far North Queensland host earning $8400 over the year.

Figures Take Nosedive, Cairns Post e­-Paper – The Cairns Post ­ – 29 Jan 2019

STRAINED domestic capacity is believed to be behind a 4 per cent decline in the number of passengers through Cairns Airport between 2017 and 2018. December 2018 data showed just 416,580 passengers used Cairns Airport compared to 433,320 in December 2017, a drop of 16,740.

Bruce Highway Upgrade Promises Room to Move, Cairns Post e­-Paper – The Cairns Post ­ – 29 Jan 2019

A NEW flyover video reveals how $104 million in highway upgrades to the southern access to Cairns will look when completed – with a smattering of artistic licence. The Department of Transport and Main Roads has released the 3D footage along with the promise the major roadworks will “help you spend less time on the road and more time doing the things you love”.

City Ready to Pounce into Chinese New Year Fun, Cairns Post e­-Paper – The Cairns Post ­ – 30 Jan 2019

Cairns will come to life with culture and colour as about 40,000 additional visitors make their way to the city for Chinese New Year celebrations. The action-packed two week program of events will kick off on February 5, with a fireworks display and performances on the cairns esplanade. A street festival on Grafton st will follow as well as a yumcha corporate lunch, cultural performances, gala banquets, lantern festival and more all celebrating the year of the pig.

Dundee’s Signs up for Aquarium Restaurant, Cairns Post e­-Paper – The Cairns Post ­ – 30 Jan 2019

ONE of Cairns’ most popular restaurants is opening a second venue within the city centre, after signing a long lease with Cairns Aquarium. Dundee’s will expand its waterfront offering to the aquarium, taking over the space previously taken by Aqualuna.

Catholic School of Thought, Cairns Post e­-Paper – The Cairns Post ­ – 30 Jan 2019

Catholic Education officials say they will give “serious consideration” to opening a new school on Cairns northern beaches, but have not yet discussed future plans at Paradise Palms. Paradise Palms owner PPNQ Developers is preparing to permanently shut down the 18-hole Kewarra Beach course from mid-June to transform the 113ha property into a residential estate, possibly including a new school, retirement village and tourist park.

Suburb Stays in Vogue, Cairns Post e­-Paper – The Cairns Post ­ – 30 Jan 2019

SIX months after it last topped the list of fastest-selling suburbs, Brinsmead has again beat out premium suburbs such as Whitfield and Trinity Park as one of the most popular places to buy a home. Houses in the leafy, hilly suburb on the northern side of the western arterial road only lasted a median of 22 days on the market, according to October 2018 data from Core Logic, and sold for a median price of $462,500.

Unholy Trinity Cost, Cairns Post e­-Paper – The Cairns Post ­ – 30 Jan 2019

CAIRNS shipping development costs have blown out by $7.6 million before any mud has even been pumped from Trinity Inlet. The dredging project — still listed as costing $120 million on State Government websites — is due to start in May and take 12 weeks to complete.

Visitor Fall Bad News for Region, Cairns Post e­-Paper – The Cairns Post ­ – 30 Jan 2019

NEW analysis reveals Far North Queensland is bucking the trend in international tourism, and not in a good way. Conus Business Consultancy Services partner Peter Faulkner has crunched the numbers and found an 8 per cent year-on-year drop in Chinese visitation to the region.

Cairns a Buyer’s Paradise, Cairns Post e­-Paper – The Cairns Post ­ – 31 Jan 2019

FIRST home buyers in cairns are ahead of most Aussies trying to get a foot on the property ladder because the median house price is about nine times the median local income. The figure beats the national average of 12 times pre-tax income and lower than the greater Brisbane average of 11.

Dredging Blowout Concerns, Cairns Post e­-Paper – The Cairns Post ­ – 31 Jan 2019

TRINITY Inlet dredging advocates have questioned how Cairns Shipping Development costs have blown out by $7.6 million despite the project being scaled back. Cairns Port Development president Ron Crew was baffled by the $127.6 million price tag issued since Building Queensland completed its detailed business case.

Estate Uproar Forces Changes, Cairns Post e­-Paper – The Cairns Post ­ – 01 Feb 2019

Amendments to the first stages of a controversial 201 lot housing estate in the redlynch valley have been submitted for approval after being modified in reaction to community opposition. A permit to allow bulk earthworks on redlunch intake rd was sought on wednesday ahead of a decision expected this month on the four-stage development.

Airport gets Another Upgrade to First Class, Cairns Post e­-Paper – The Cairns Post ­ – 02 Feb 2019

Construction on the $55 million redevelopment of cairns airport’s domestic terminal is set to start in two weeks. The airport has awarded the contract for the refurbishment and expansion of T2 to hutchinson builders, who are expected to start placing new foundations on february 11.

Tastefully Preparing for 8000 Delegates, Cairns Post e­-Paper – The Cairns Post ­ – 02 Feb 2019

A chief and a museum owner are just some of the city’s business people making last-minute preparations to welcome an 8000-strong contingent of amway china delegates to cairns. Ochre restaurant owner craig squire and his kitchen crew have already started preparing some of the 7000 kangaroo satay skewers which will be served to the visitors in april.

Neutral Outlook for Work, Cairns Post e­-Paper – The Cairns Post ­ – 02 Feb 2019

Cairns has entered its eighth month of improved unemployment figures, according to conus/cbc staff selection trend data. Conus’ pete faulker said december 2018 revealed “another fairly neutral month with some minor decline in employment although a drop in participation sees the trend unemployement rate fall sharply to 5 percent”.

 

cairns mortgage broker jason thomson

 

Cairns Mortgage Broker – Jason Thomson is a Mortgage Adviser and Finance Broker based in Cairns with clients all around Australia. Over 100 client reviews featured on his website prove that Jason is a trusted industry professional, facilitating great outcomes for his clients. Using his wealth of experience in financial services, he thrives on delivering superior service. Jason is very approachable and is always looking for new clients to help in the often confusing world of finance and property. Offering a no fee service, you’ve got nothing to lose by having an obligation free chat with Jason today.

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