WA economic bust gets second wind

Thursday, 6 September 2018

Western Australia’s economy appears to have taken another leg down, with yesterday’s national accounts recording a second consecutive quarterly decline in final demand, falling by 0.4% in the June quarter:

Whereas annual final demand growth slid to 0.3%, well below population growth:

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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.