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1367.5 - Western Australian Statistical Indicators, Dec 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 16/01/2008   
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Image: Feature articles

FEATURE ARTICLES
Regional housing in Western Australia
Short-term overseas travel to and from Western Australia

State accounts
STATE ACCOUNTS
State final demand in Western Australia rose 2.0% ($610 million) to $30,972 million in trend chain volume terms in the September quarter 2007. This followed higher growth in the previous two quarters of 3.3% in the March quarter 2007 and 3.0% in the June quarter 2007.

Prices
PRICES
Perth's Consumer Price Index (CPI) rose 0.6% in the September quarter 2007, less than half the rate of the previous quarter (1.4%) and slightly lower than national CPI growth (0.7%).

Consumption
CONSUMPTION
Western Australia's retail turnover (trend) totalled $6,407 million in the three months to October 2007, 1.1% ($70 million) more than in the previous three month period. Sales of new motor vehicles (trend) in Western Australia rose 1.0% (298) to 30,840 in the three months to November 2007, compared to the previous three month period.

Investment and finance
INVESTMENT AND FINANCE
The level of business investment (trend chain volume measures) in Western Australia rose to a record high of $5,182 million in the September quarter 2007, 1.4% ($73 million) higher than in the previous quarter. The number of dwellings financed for owner occupation (trend) in Western Australia decreased 4.3% (1,121 commitments) in the three months to October 2007, compared to the previous three month period.

Construction
CONSTRUCTION
In the three months to October 2007, a total of 4,362 houses (trend) were approved for construction in Western Australia, 3.3% (147) less than in the previous three month period. The number of house approvals has continued to fall over the last 20 months by an average of 1.3% (21) per month.

Trade
TRADE
Western Australia's trade surplus dropped 8.4% ($835 million) to $9,096 million through the year to September quarter 2007, the first fall since the June quarter 2006 (down 2.9% or $205 million through the year). The value of Western Australia's exports rose 3.7% ($551 million) to $15,313 million through the year to September quarter 2007. The value of Western Australia's imports increased 28.7% ($1,386 million) to $6,217 million through the year to September quarter 2007.

Mining
MINING
Mineral exploration expenditure (trend) in Western Australia rose 10.6% (up $26 million) to $271 million in the September quarter 2007 - the seventh consecutive quarterly rise.

Tourism
TOURISM
There was a total of 53,031 overseas holiday arrivals to Western Australia in the September quarter 2007, 19.3% (8,580) more than in the same period of 2006. There was a total of 123,674 overseas holiday departures from Western Australia in the September quarter 2007, 33.3% (30,897) more than in the corresponding period of 2006.

Labour market
LABOUR MARKET
There were 29,700 job vacancies in Western Australia in the August quarter 2007, 31.8% (7,100) more than in the same quarter of 2006. The number of employed persons (trend) in Western Australia rose 0.4% (4,000) to 1,119,600 in the three months to November 2007, a much lower rise than in the three months to August 2007 (up 1.2% or 13,600). Western Australia's unemployment rate (trend) remained unchanged at 3.4% in the three months to November 2007.

Population
POPULATION
The estimated resident population of Western Australia was 2,105,783 in June quarter 2007, an increase of 11,234 persons (0.54%) from the previous quarter. The state's quarterly population growth was equal highest with the Northern Territory and well above the national increase of 0.33%.

Social trends
SOCIAL TRENDS - INCOME AND HOUSING
In 2006, the mean equivalised disposable income for all households in Western Australia was $658 per week, slightly higher than the national average of $644 per week. In 2005-06, there were 803,700 occupied private dwellings in Western Australia, 23% more than in 1995-96. There were 21,600 new dwellings built and completed in 2005-06, the most since 1996-97.



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