News
Economic Mismanagement Forces Citizens onto Struggle Street
Across Western Australia many people are experiencing genuine economic hardship.
Since 2014-15, the WA economy has fallen off a cliff with the end of the mining boom. As a result, WA has been left with a swathe of underemployment, record high rates of youth underutilisation and anaemic wage growth.
According to State Final Demand (domestic economic income excluding trade), the WA economy has shrunk in the past 5 out of 6 financial years or 15.4% since its peak in 2012-13.