APRA has told lenders they can immediately change the way they assess customers' ability to meet mortgage repayments in Australia's new low-interest paradigm.
A Committee for Perth report compiled by Ipsos made waves last month when it found nearly a quarter of residents would describe the Western Australian capital to visitors as ‘average', ‘boring', ‘dull' and ‘parochial'.
Australian workers could receive an extra $1,000 when they lodge their tax returns from next week, after the federal government secured crossbench support for its flagship tax cut package.
Australia's monetary expansion during the past decade has been among the most substantial in the developed world, according to recent data, with the Reserve Bank today continuing an easing policy.
The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing for two months in a row for the first time since 2012.
Western Australia's listed companies have trailed the broader market in the past year, with the Business News BN30 index rising 5.2 per cent as the ASX 200 lifted 7.2 per cent.
Administrations in Western Australia hit their lowest level in five years in the March quarter, but pressure continues for construction and hospitality.
Newly minted opposition leader Liza Harvey has revealed her shadow cabinet, with former leader Mike Nahan appointed as shadow minister for planning and Asian engagement.
The state government inquiry into the City of Melville has highlighted transparency issues, following nearly 300 complaints made against the City since 2014.
The state government says it will reverse indexation changes made by the previous Liberal National Government, and commit an additional $30.2 million to the community services sector.
OPINION: WA has no control over the biggest issue facing its short-term economic outlook – the US-China trade war, which could cut demand for the state's commodities.
Scott Morrison vowed to roll back regulation, pass tax reform and fight militant unions in his first major economic speech since the LNP's surprise election victory this past month.
Industrial Relations Minister Christian Porter says the peak construction and mining union should be deregistered and he's prioritising laws that could help make that happen.
Australia's annual population growth rate increased to 1.63 per cent in 2018, and while WA's growth rate has improved, it continues to be one of the slowest growing states.
The Office of the Auditor General has found a project to replace PathWest's ‘laboratory information system' is now expected to be two years late and cost nearly double the project's original $26.8 million budget.
PODCAST: Mark Pownall talks to market researcher Kristen Turnbull from CoreData about WA consumer sentiment and impact of Federal Election result on consumer perception/behaviour, as well as the fallout from the failure of the polls to predict the outcome.
The number of international tourists visiting Western Australia has hit record levels, but overall international visitors to the state, including students, have declined.
The federal government has ruled out bringing the next sitting of parliament forward a week to legislate its promised tax cuts by the end of this financial year.
The wages of Australian workers could almost double in real terms by 2060, with manufacturing showing the biggest potential, aided by technology adoption and better management practices, according to a new report.
