Australian Bureau of Statistics
1367.5 - Western Australian Statistical Indicators, Dec 2007
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/01/2008
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Coinciding with the decline in Western Australia's house approvals (trend) from February 2006 (1,872) to October 2007 (1,447) has been four interest rate rises by the Reserve Bank of Australia: 0.25% in May 2006 (5.75%), August 2006 (6.00%), November 2006 (6.25%) and August 2007 (6.50%). There has also been an increase of 11.2% in the price of new houses in Perth between the March quarter 2006 and September quarter 2007.
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This page last updated 15 April 2008