August 2020

August 2020

September 7, 2020

The RBA Board left the cash rate target unchanged at 0.25% at its September meeting. The Western Australian Wage Price Index rose 0.2% in Q2 2020 to be up 1.6% YoY. Western Australian real state final demand fell a seasonally adjusted 6.0% in Q2 to be down 4.0% YoY. Western Australia exported $45.1 billion of goods in the three months to June. Employment increased 19.1k in seasonally adjusted terms in Western Australia in July with an unemployment rate of 8.3%.

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