In WA, total dwelling approvals rose 2.3 per cent but private sector house approvals rose only 0.8 per cent on the previous month — up from 914 to 964.
Australia's economy contracted 0.3 per cent in the March quarter, with the country certain to be declared in recession in the coming months.
Australians will get handouts of about $25,000 to renovate or build a new home as part of a construction cash splash by the Federal Government designed to help the economy and keep tradies in jobs.
Lanai Scarr & Peter Law
The Treasurer has confirmed Australia is now in recession and has warned modelling suggests the June-quarter economic contraction will be significant.
An assistant governor of the Reserve Bank said changes in payments because of the health crisis could be a “disruptive force” that will change how we pay for things forever.
Australia could avoid technical recession if today’s national accounts don’t send gross domestic product into negative territory — and WA’s resources sector could be the saviour for the nation.
WATCH IT HERE: A 70-second film, which charts the fictional, and quirky, spending ambitions of ordinary West Aussies, is being rolled out on social channels.
Rising unemployment caused by the COVID-19 pandemic will be the biggest concern for struggling homeowners, with new data showing a bleak picture in WA prior to the onset of the crisis.
The WA Liberals have renewed calls for ramped-up coronavirus stimulus after Deloitte modelling predicted $17 billion would be ripped from the State economy over the next year.
Company profits rose by just 1.1 per cent in the March quarter as restrictions imposed to slow the spread of the coronavirus began hampering trade.
Governor Philip Lowe noted that while financial markets globally remained fragile, conditions had improved and credit markets had progressively opened to more firms.
New figures show the easing of COVID-19 restrictions in WA is encouraging consumers to open their wallets.
Some are bucking the downward trend fuelled by COVID-19 and instead managing to grow or expand their operations during the pandemic.
According to new economics modelling the McGowan Government has drastically underestimated the damage caused by COVID-19 — which will rip $17 billion from the economy.
The owner of the first WA restaurant to be fined for flouting the 20-person limit is unapologetic, claiming police using “Gestapo” tactics could have shown some mercy.
Scott Morrison has labelled the Robodebt scheme ‘insufficient’ after it was announced there would be repayments to almost 400,000 Australians, but argued ‘that doesn’t mean those debts don’t exist’.
More than 62,000 West Australians lost their jobs in April, with nearly half of them aged between 16 and 24.
The Kimberley is on track to be reunited with the rest of WA by the weekend after the McGowan Government formally requested the Commonwealth remove restrictions on access to the biosecurity zone.
The return of the hustle and bustle to Kalgoorlie-Boulder’s pub scene is less than a week away, with phase three of the State’s COVID-19 plan allowing for the return of a beer with a friendly skimpy.
Taylar Amonini and Tegan Guthrie
The WA Liberals have blasted the McGowan Government’s “woefully insufficient” $1.8 billion coronavirus stimulus package and claim the Premier is holding back money for an election “war chest”.
WA will take a giant leap towards normal life next weekend when the State charts its own course back from the coronavirus crisis. Here’s what you’ll be able to do.
Peter Law, Josh Zimmerman and Peter de Kruijff
Bargain hunters are finding slim pickings on the sharemarket after some recent strong rises. How do you spot a stock that could be trading at a discount?
Several WA companies have begun sourcing alternative supply lines amid escalating trade tensions between Australia and China.
The worst is yet to come for Australian businesses, and the mining sector will not be immune, after the latest private capital expenditure data showed only a modest impact from COVID-19.
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