Comments that Western Australia is in recession were quickly - TopicsExpress

Comments that Western Australia is in recession were quickly fended off this week by the Treasury. Figures released by the Australian Bureau of Statistics showed investment in WA falling for the past two quarters. However these figures do not take into account exports. Kochie says that even the falling domestic demand is not that bad. WA has had an astonishing boom and it is no surprise that at some stage it had to slow down to a more normal level. The level of demand is still good, but it’s just not booming quite as much as it was.

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