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WA Posts Strongest Domestic Economy in Australia
Western Australia’s domestic economy has grown by 3.7% between June quarter 2022 and June quarter 2023, the highest domestic economic growth in the country according to the recent State Final Demand (SFD) data. During the June quarter 2023 there was a 0.8% increase in household spending and 4.2% in dwelling investment. This marks the 12th...
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Property and Mortgage Insights – FY2023 Reports
The Property Insights report published by Property Exchange Australia Ltd (PEXA) reveals that property settlements were down across Australia in FY23 (-18.6%) compared to the previous financial year, however there are signs the second half of the year will recover. Even though interest rates are continuing to change, houses are still very much sought after...
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New Governor of the Reserve Bank of Australia Appointed
The RBA have appointed Michelle Bullock as the new Governor commencing her 7 year term on the 18th September 2023. Read the media statement here.
