Retail spending was up 10.5 per cent in Western Australia in July compared to the same month in 2021, but most states substantially outperformed the west.
The family behind food producer Mrs Mac’s is lying low amid rumours about the future of the business, after the pandemic took its toll on the company’s bottom line.
Premier Mark McGowan says international factors are driving inflation, after Perth prices rose 7.4 per cent in the year to June, Australia’s highest rate.
An entity led by socialite and businesswoman Natasha Marshall Donnelly is suing the boss of the turf business she bought over allegations he misrepresented the financials.
Moves to lift the official cash rate show no sign of slowing, with the Reserve Bank indicating interest rates will need to be much higher to stop inflation.
Inflated flower costs and nearly two years without large-scale events have forced prominent Perth florist Matthew Landers to shut his business after 15 years in operation.
The unemployment rate among women in Western Australia is just 3 per cent, the lowest since 2008, with the state posting a sharp improvement in the jobless rate in March.
Almost 25 years after rapper The Notorious B.I.G. released hit Mo Money Mo Problems, the song title may serve as a cautionary warning for central bankers.
