WA economy continues historic bust

Thursday, 8 June 2017

The March quarter’s national accounts, released yesterday, revealed yet another decline in Western Australian final demand, which has fallen for eight consecutive quarters and 15 of the last 18 quarters:

With annual final demand falling a whopping 6.9% in the year to March 2017:

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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.