Perth experienced a slight improvement in the Residential Property Price Index during the December quarter, but still suffered a 2.9 per cent fall for 2015 overall, the Australian Bureau of Statistics said today.
Western Australian employment fell in February in seasonally adjusted terms while the unemployment rose slightly to 6.0 per cent, according to the Australian Bureau of Statistics.
January brought a major reduction in the Western Australian unemployment rate, down 0.4 points to 5.9 per cent in seasonally adjusted terms, according to the Australian Bureau of Statistics, with a record number of women in jobs.
Western Australian businesses borrowed more in the 12 months to the end of November while consumers borrowed much less, according to the latest lending figures from the Australian Bureau of Statistics.
Western Australia's unemployment rate fell 0.3 points, to 6.3 per cent, in seasonally adjusted terms in December, as 8,000 people took on new employment.
Merchandise exports were down more than 16.7 per cent for Western Australia in the 12 months to November 2015, compared to the corresponding previous period, despite a reduction in the national trade deficit.
Car dealers in Western Australia will be hoping for a pickup this year, after the release of data showing a 7.9 per cent fall in new car sales in 2015 in WA, while the rest of the nation reported its best year on record.
Aggregate spending was up 0.6 per cent in WA in June, bringing the total increase in the past 12 months to 7.7 per cent, according to data released by the Commonwealth Bank of Australia today.
The number of luxury cars sold in Australia hit record highs last year as the number of passenger and light commercial vehicle sales declined, according to CommSec's analysis of national sales data.
Perth home values have gone backwards over the year to date despite growth in all other capital cities, according to the latest RP Data-Rismark home value index.
