WA enters double-dip recession

Advertisement

By Leith van Onselen

Western Australia’s economy has taken another leg down, with yesterday’s national accounts recording a fourth consecutive quarterly decline in final demand, falling by 0.1% in the December quarter:

Whereas annual final demand fell by 1.1%:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
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.