WA economic bust gets second wind

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By Leith van Onselen

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 0.3% in the September quarter – the third consecutive decline:

Whereas annual final demand fell by 0.8%:

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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.