Western Australia’s economy is one year away from a return to normality, according to consultancy firm Deloitte Access Economics, with consumer confidence, exports and dwelling approvals data all pointing towards an upswing.
In its economic outlook produced today, Deloitte predicted both growth state product and state final demand, which measures the economy without trade, would grow in 2018.
That follows a record fall in SFD of more than 7 per cent in the 2017 financial year, and the first contraction of GSP in more than a quarter of a century (down 2.7 per cent).
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