Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
1367.5 - Western Australian Statistical Indicators, Mar 2009  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 23/04/2009   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

SECTION 5 PRICES




Consumer Price Index

  • Despite an overall rise in Perth's prices during 2008, the three months to December 2008 saw Perth's CPI fall 0.3%, the first decrease since March 1999. The main drivers of this decrease were transportation costs, which fell by 6.5% in the December quarter. This reflected the lower price of automotive fuel (down 17%) and motor vehicles (down 2.4%).
  • In the year to December 2008, Perth's Consumer Price Index (CPI) rose 3.7%, on par with the nation's CPI rise. Of the Australian capital cities, Brisbane had the largest increase (4.3%) while Melbourne had the smallest (3.2%).

CONSUMER PRICE INDEX (ALL GROUPS), Change from same quarter previous year
Graph: CONSUMER PRICE INDEX (ALL GROUPS), Change from same quarter previous year

  • The main contributors to Perth's CPI growth in 2008 were Education (up 7.8%) and Financial and insurance services (up 7.7%).
  • The increase in prices across all Education sectors (primary, secondary and tertiary) occurred primarily between December and March. This has been a consistent pattern over many years, most likely reflecting increases in education costs levied at the commencement of each academic year.
  • Rising prices in Financial and insurance services reflected increases in the price of deposit and loan facilities as well as insurance.

12 CONSUMER PRICE INDEX(a), By group - Perth

CHANGE FROM PREVIOUS FINANCIAL YEAR
CHANGE FROM SAME QUARTER PREVIOUS YEAR
CHANGE FROM PREVIOUS QUARTER
2006-2007
2007-2008
December 2008
September 2008
December 2008
%
%
%
%
%

All groups
4.0
3.6
3.7
1.0
-0.3
Food
5.4
4.2
5.5
0.4
1.2
Alcohol and tobacco
3.6
4.1
6.3
2.2
1.3
Clothing and footwear
-0.9
-0.9
-1.4
-2.3
1.1
Housing
7.4
4.6
5.9
2.7
0.8
Household contents and services
2.3
-0.7
1.5
0.2
1.1
Health
5.3
5.4
5.0
-0.2
-0.6
Transportation
2.4
4.7
-1.0
0.3
-6.5
Communication
1.3
0.3
0.6
0.2
0.4
Recreation
1.9
2.0
0.8
0.4
0.9
Education
6.9
7.8
7.8
-
-
Financial and insurance services(b)
2.0
5.7
7.7
0.9
-0.6

- nil or rounded to zero (including null cells)
(a) Unless otherwise specified, base of each index: 1989-90 = 100.0.
(b) Base of index: June quarter 2005 = 100.0.
Source: Consumer Price Index, Australia, cat. no. 6401.0.



Wage Price Index
  • Western Australia's Wage Price Index (WPI) rose 1.8% in the December quarter 2008. This followed growth of 1.3% and 1.4% in the two previous quarters.
  • The State's 'all sector' WPI growth of 1.8% was higher than Australia's growth of 1.2% and was the highest among all states and territories.
  • Through the year to December 2008, the WPI for Western Australia grew 5.7%, which was considerably higher than the national growth of 4.3%.

WAGE PRICE INDEX, Change from same quarter previous year
Graph: WAGE PRICE INDEX, Change from same quarter previous year

  • In the December quarter 2008 public sector wages increased by 3.1%, more than double the private sector increase (1.4%). This reflects some pay increases for Western Australian Government employees implemented during the quarter, including backdated pay rises for the general public service and teachers.
  • Of the selected industries, wage increases in the December quarter were highest in Government administration and defence (4.3%) followed by Education (3.1%), Manufacturing (1.9%) and Health and Community Services (1.7%).
  • Mining had the strongest wage price growth for the year (7.3%) but the lowest for the quarter (0.6%). Similarly, growth was high in Construction for the year (7.0%) but relatively low for the quarter (1.3%). Retail trade had the lowest wage price index rise for the year (3.3%) and the second lowest for the quarter (0.9%).

13 WAGE PRICE INDEX, Total hourly rates of pay excluding bonuses: Original

2007
2008
Change from
December
September
December
Previous quarter
Same quarter previous year
index
index
index
index
index

Western Australia
120.0
124.5
126.8
1.8
5.7
Sector
Private
120.7
125.6
127.4
1.4
5.6
Public
117.7
121.0
124.8
3.1
6.0
Selected Industries
Mining
124.8
133.1
133.9
0.6
7.3
Manufacturing
121.1
125.3
127.7
1.9
5.5
Construction
136.4
144.0
145.9
1.3
7.0
Retail trade
117.5
120.3
121.4
0.9
3.3
Accommodation, cafes and restaurants
115.2
118.7
120.4
1.4
4.5
Transport and storage
117.0
122.8
124.5
1.4
6.4
Property and business services
120.6
126.3
128.2
1.5
6.3
Government administration and defence
118.0
119.8
124.9
4.3
5.8
Education
117.0
120.4
124.1
3.1
6.1
Health and community services
116.0
120.3
122.4
1.7
5.5
Personal and other services
121.2
126.4
127.9
1.2
5.5

Source: ABS data available on request, Labour Price Index, Australia, cat. no. 6345.0.
Note: No occupation data from September quarter 2008 onwards.



House Price Indexes
  • According to preliminary estimates for the December quarter 2008, the price index for established houses in Perth continued to decline for the fourth successive quarter. However, the fall (0.9%) was considerably lower than in the June and September quarters (2.3% and 2.5% respectively).
  • In contrast, the price index for project homes increased 1.0% in the December 2008 quarter. This index has climbed by 3.8% since the December quarter 2007.

14 House Price Indexes(a) - Perth

ESTABLISHED HOMES(b)
Change from previous period(b)
PROJECT HOMES
Change from previous period
Reference period
index
%
index
%

2006-2007
192.8
32.3
144.1
10.6
2007-2008
r194.8
r1.1
148.7
3.2
2007
September
195.5
1.8
147.6
0.9
December
197.6
1.1
148.3
0.5
2008
March
195.3
-1.2
148.8
0.3
June
r190.8
r-2.3
150.0
0.8
September
p186.1
p-2.5
152.5
1.7
December
p184.4
p-0.9
154.0
1.0

p preliminary figure or series subject to revision
r revised
(a) Base of each index 2003-04 = 100.0.
(b) Estimates for the two most recent quarters are experimental (see paragraph 12 and 13 of the Explanatory Notes in the source publication).
Source: House Price Indexes, Eight Capital Cities, cat. no. 6416.0.



Price indexes of materials used in building
  • In the December quarter 2008, the increase in the price of materials for house building in Western Australia slowed to 1.1%. This was the lowest quarterly increase since December 2007.
  • During the year ending December 2008 the price index for these materials rose by nearly 9%. This was around two percentage points higher than the national rise.
  • The largest contributors to the increase over the year were steel and other metal products.

15 Price index of materials used in house building(a), By material - Perth

2007
2008
Percentage change
December
September
December
Sep Qtr 2008 to Dec Qtr 2008
Dec Qtr 2007 to Dec Qtr 2008
Material group
index
index
index
%
%

All groups
149.0
160.5
162.3
1.1
8.9
Timber, board and joinery
134.7
145.1
143.7
-1.0
6.7
Ceramic products
160.1
163.6
164.2
0.4
2.6
Concrete, cement and sand
156.8
168.5
171.8
2.0
9.6
Cement products
134.3
136.5
136.5
-
1.6
Steel products
184.8
244.8
249.4
1.9
35.0
Other metal products
146.6
154.8
162.5
5.0
10.8
Plumbing products
135.1
144.6
145.8
0.8
7.9
Electrical equipment
116.4
121.9
120.8
-0.9
3.8
Installed gas and electrical appliances
140.3
145.1
145.2
0.1
3.5
Other materials
169.5
178.1
180.0
1.1
6.2

- nil or rounded to zero (including null cells)
(a) Reference base of each index: 1989-90 = 100.0
Source: Producer Price Indexes, Australia, cat. no. 6427.0.



Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.