Tourism boom not filtering through Cairns economy...yet
Today's Cairns Watch report by Herron Todd White confirms what many in the local business economy are saying: our economy is still patchy
The latest Cairns Watch report by Rick Carr at Herron Todd White highlights the ups and downs of the Cairns economy right now.
In his summary, Rick writes:
"The Cairns economy continues to experience positive tourism activity indicators, but continues to be impacted by a weak labour market and exceptionally high levels of youth unemployment. At the same time, there has been a welcome increase underway in job advertisements."
Watch the video above for a rundown of the report's highlights.