Monthly Market Highlights

  • June 2021

    July 7, 2021

    Western Australia’s unemployment rate declined to 4.7% in May, to remain the lowest of all Australian states. Western Australian retail trade increased by 1.3% in May. Western Australian housing loans rose by 6.1% in May. In three months to May, Western Australia exported A$63.1b worth of goods.

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  • May 2021

    June 14, 2021

    Western Australian state final demand rose by 3.0% in Q1 2021, to be 3.8% higher through the year. Western Australian wages grew by 0.4% in Q1 (unadjusted), to be 1.4% up through the year. In April 2021, Western Australia’s employment fell by 14.4k, while the unemployment rate fell to 4.9%. Western Australian building approvals rose by another 5.5% in April.

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  • April 2021

    May 11, 2021

    Western Australia’s employment increased by 32.6k in March, while the unemployment rate fell to 4.8%. Western Australian new home loans fell by 6.5% and dwelling approvals declined by 6.4% in March. Western Australia exported A$57.1b of merchandise goods in the three months to March. The Perth consumer price index rose by 1.4% in Q1, to be up 1.0% YoY.

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  • March 2021

    April 9, 2020

    Western Australia’s employment increased by 1.8k in February, while the unemployment rate declined to 6.0%. Western Australian dwelling approvals rose 19.1% in February, while housing loan commitments increased 1.7%. Western Australian retail trade fell by 5.4% in February, dragged down by the snap lockdown in parts of the state. In the three months to February 2021, Western Australia exported A$56.5b of goods.

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  • February 2021

    March 8, 2021

    Western Australian Treasury Corporation launched a 1.5% coupon 22 October 2030 bond in late February. In Q4 2020, Western Australia saw a 1.5% increase in state final demand. The Western Australian wage price index grew by 0.4% in Q4 2020, to be up 1.4% through the year. Western Australia’s unemployment rate fell to 6.2% in January from the upwardly revised 6.3% in December.

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  • January 2021

    February 5, 2021

    In December 2020, the value of Western Australian new home loans rose by 10.7%, while the number of dwelling approvals grew by another 7.8%. Both are around twice the levels from a year ago. Western Australian employment grew by 0.4k, while the unemployment rate fell to 6.2%, the lowest of all states. Perth consumer prices declined by 1.0% in Q4 2020, driven by a 66.7% plunge in electricity prices caused by the A$600 electricity credit introduced by the Western Australian government in October 2020.

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