Australian Bureau of Statistics

Inflation continues to fall with the Australian Bureau of Statistics recording a 4.1 per cent rate nationally and 3.6 per cent in Perth for the past year.

Recent data from the Australian Bureau of Statistics shows annual price inflation of 4.1 per cent nationally to December 2023, and 3.6 per cent for Perth.

A shortage of existing housing stock is one reason behind the uptick in renovation activity.

Recent data from the Australian Bureau of Statistics has revealed the significant role the state’s resources sector plays in supporting Australia’s economic activity.

The nation’s economy grew 0.2 per cent in the December quarter but the country's annual GDP rose at the slowest rate since the pandemic, according to recent ABS data.

Australia's inflation rate has moderated further, despite coming in slightly above expectations at 3.6 per cent in the 12 months to March.

The nation’s unemployment rate has risen to 4.1 per cent last month with Western Australia also recording a slight increase, according to the Australian Bureau of Statistics.

Australia’s GDP had a modest rise in the March quarter but the country still experienced weak economic growth, the Australian Bureau of Statistics found.

The Australian Bureau of Statistics found dwelling approvals in April fell by 0.9 per cent in Western Australia, against a 0.6 per cent slump nationally.

Western Australia has the fastest growing population in the country, the Australian Bureau of Statistics reported.

Western Australia is building more homes than last year, but the rate of completions is dropping.

Western Australia’s unemployment rate remains below the national average, which has slightly risen in June, the Australian Bureau of Statistics found.

The country’s annual inflation rate has increased to 3.8 per cent, up from the 3.6 per cent recorded in the previous quarter, recent Australian Bureau of Statistics data shows.

Australian Bureau of Statistics figures have revealed inflation fell to 3.5 per cent in July, down from 3.8 per cent in June.

The country’s economy only grew by 0.2 per cent in the recent quarter or 1.5 per cent annually, which the ABS found to be the weakest yearly growth since the 1990s.

The country’s mining turnover rate dropped by 1.2 per cent annually, the only business industry recording a fall compared to the same time last year.

OPINION: The amount of output produced per hour worked, also known as labour productivity, is a key contributor to economic growth and a driver of living standards.

The nation’s inflation rate has eased to 2.7 per cent in August, its lowest reading in two and a half years, according to fresh figures form the Australian Bureau of Statistics.

Western Australia’s decrease in job vacancies during August 2024 quarter was less than the national average, data from the Australian Bureau of Statistics has found.

OPINION: Population growth in WA is again the centre of attention following the release of data showing the state is likely to break the 3 million threshold at some point over the summer.

Annual inflation has returned to within the Reserve Bank’s target band for the first time since 2021, but experts say energy and rent assistance measures were hiding the true figure.

Dwelling approvals in the state have jumped by 11.4 per cent in September, against a national rise of 4.4 per cent.

Master Builders Australia has called for a reduction in red tape for residential construction, amid revelations WA had the slowest approval to completion for new homes in the nation.

Innovation is widely seen as vital for productivity and performance, and a key driver of economic growth, competitiveness and job creation.

Australians working in healthcare and retail trade led the way in wage growth for the September quarter, with figures revealing the lowest annual rise in almost two years.

Australia’s annual inflation held steady at 2.1 per cent for October, remaining at its lowest since mid-2021.

Australian house prices have experienced their weakest growth in almost two years, as experts warn a downturn is gathering momentum in the major capital cities.

Australia has recorded its lowest annual economic growth since 2020, up only 0.3 per cent in the September quarter, the Bureau of Statistics found.

Australia’s trade surplus has reached its highest level in six months, but economists are holding their breath ahead of Trump’s second term.

WA continues to outperform other key economic metrics despite its lagging GSP growth.

ABS data shows new home approvals in WA defied national trends in November.

Australia's trimmed mean inflation fell to 3.2 per cent in November, but jobs figures suggesting a tightening of the labour market have dashed hopes of a February rate cut.

A surge in jobs in December has economists split over whether the Reserve Bank is likely to cut rates in February, with some predicting a cut may not come until the second quarter of the year.

Several key initiatives to make the Danish capital a greener place could be applied in Perth.

Australia’s consumer price index rose 0.2 per cent in the December quarter, buoying expectations the Reserve Bank of Australia could cut rates in February.

Eleven MCGs – or 18 Optus Stadiums – worth of jobs have been created by the Albanese government, according to Murray Watt, as new statistics reveal a record high participation rate.

Australia’s consumer price index – a key measure of inflation – held steady at 2.5 per cent over January.

Australia’s capital expenditure dropped 0.2 per cent in Q4, but WA held strong with a 3.1 per cent jump in private investment.

New figures released by the Australian Bureau of Statistics show Australia has passed the lowest point of its economic cycle, according to Deloitte.

Tropical cyclones and iron ore disruptions on Australia’s west coast failed to put a real damper on January’s export data, according to the ABS.