November 2020

November 2020

December 7, 2020

Western Australian dwelling approvals grew by 29.7% in October, to be up 96.3% through the year. Western Australian employment rose by 15.3k in October, while the unemployment rate fell to 6.6%, the second lowest of all Australian states. Western Australia exported A$46.2 billion of goods in the three months to October. Western Australian real state final demand increased a seasonally adjusted 4.9% in Q3 2020 and was down 0.7% YoY. The RBA bought A$0.5 billion of WATC bonds in November as part of its A$100 billion bond purchase program.

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