WA economy continues historic bust

Thursday, 2 March 2017

The December quarter’s national accounts, released yesterday, revealed another epic decline in Western Australian final demand, which has fallen for seven consecutive quarters and 14 of the last 17 quarters:

With annual final demand falling a whopping 9.2% in the 2016 calendar year:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.