Thursday, January 28, 2016

Cultural icons and avocados

Michael Pascoe took issue with the Australia Day lamb promotion as a triumph of marketing over history: Vegan-stirring lamb ad pulling the wool over our eyes

How did a Kiwi icon become the Australian national meat? If anything it should be mutton but when was the last time you saw mutton on Masterchef or even in the pet food section at Woolworths? Food traditions evolve rapidly which brings us to avocados and the price thereof.

A relatively recent arrival the avocado has been adopted by Strayans with relish. It has become an icon of our burgeoning café culture. Cartoonist Jon Kudelka has suggested a smashed avocado as replacement for the Union Jack in any new flag design.

However it would appear that demand has recently surpassed supply with skyrocketing prices. A spat has broken out within the avocado community with finger-pointing claims of market manipulation, denials and counter-claims. Apparently we will have to wait for the Queensland Shepherd variety in March to restore reasonable prices.

The truth behind the avocado shortage: growers made 'innocent mistake'

Australian avocado crisis explained

Avocado growers reject market manipulation claims amid national shortage

Australians Aghast At National Avocado Shortage

The national avocado shortage is going to get worse

So spare a thought for our world class café entrepreneurs, culinary cultural warriors who this Australia Day were confronted not just with public holiday penalty rates but usurious costs for their smashed avocados!

Friday, January 22, 2016

Regions still losing employment share

Regional employment numbers this week and among issues noted at Queensland Economy Watch was the divergence between SEQ and Regional Queensland: Challenging conditions outside SEQ

SEQ  comprises the Greater Brisbane, Gold Coast and sunshine coast statistical regions. The analysis here is similar to a previous post at Loose Change last August:  Queensland regions skew south east. To update from that post regional as a percentage of Queensland employment:

Source: Conus Trend & ABS

The regional share has fallen to a new low for the series below 30% and is down almost 1.2 percentage points over the past year. Cairns is likely to be an outperformer among the regions in the period ahead but that wont stem a continuing trend decline for the regions relative to SEQ.

Friday, January 15, 2016

Regional rentals still diverging

RTA rental data has been updated for the December quarter 2015. Divergent trends between Cairns / Townsville / Mackay continue. Most stark is the 2br unit category where Mackay plummeted to a median of just $200 a week.

 Mackay is a thin market in this category relative to either Cairns or Townsville. But.

Sunday, January 10, 2016

How funny?

Hillbilly Watch 11 September 2013

This blog as well as other media outlets are being bombarded with negative source material gleaned from amateurish Google searches, somehow under the misconception that nothing gets vetted.
Much of the negative material is being generated by a website called ArchieButterfly, authors unknown.  Despite the sensationalist headlines ("Tony Fung and the People's Liberation Army", "The Great Barrier Reef Swindle"), there is little of substance in any of the stories.

Hillbilly Watch December 26 2015

Bhangoo and his board were said to have had an inside track with the Campbell Newman government, a track that went awry when Newman and his clown school were ejected by the voters.  And Bhangoo and his mob are under investigation in Brisbane for fraud that involves the Newman government and fraudulent rental subsidies at Brooklyn on Brooks, Chelsea Apartments (Bowen Hills), and the Meridian Apartments at Mayne.  Failure to close on the sale of the Gold Coast Mirage may provide the media for people to chase all of 2016.  Stay tuned. . . .    

Source: Archie Butterfly.

Don't get me wrong. I like Archie. But wary of the volatility and reliability. As I am with Hillbilly.