STATE ECONOMY —
981. Hon CHARLES SMITH to the minister representing the
I refer to yesterday's
release of the national accounts showing that Western Australia's
economy continues to wither on the vine with the state recording its sixth
consecutive quarterly decline in final demand and Australian workers'
real incomes falling sharply despite rising labour productivity.
(1) Does the
Treasurer concede that the Western Australian economy is experiencing its
fourth recession when measured by real final demand since 2012?
(2) Does the government have any
plan to raise workers' wages?
STEPHEN DAWSON replied:
I thank the honourable member for
some notice of the question. The following answer has been provided to me by
honourable member is clearly struggling to interpret Australian Bureau of
Statistics data. ABC news, ABC radio, Channel Seven Perth, 6PR radio, 97.3
Coast FM radio, Business News Western Australia and The West
Australian had no such trouble, all correctly reporting that Western Australia
leads the nation for economic growth, with
state final demand increasing 0.8 per cent in the June quarter. For the
honourable member's benefit, the only recorded recession in Western
Australia's history was in 2016–17 under the previous Liberal–National
government, when the overall economy contracted by 1.8 per cent.
(2) Annual growth
in wages has picked up from 1.2 per cent at the election to 1.6 per cent now.
This is what happens when a government creates jobs, rather than destroys them.
This government has created more than 52 000 jobs since the election. In the
last term of the previous government, not a single job was created; rather,
there was a net loss of nearly 700 jobs.