Nothing compares to this WA bust
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The AFR’s Julie-anne Sprague has penned a great piece today exploring the sharp downturn taking place across the Western Australian economy, which has been labelled the worst in living memory:
Perth barber Peter Smith has been cutting the locks of the city’s businessmen for 40 years.
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.