Western Australian property market remains bleak

With economic activity in Western Australia well below its ten year average and effective unemployment significantly above the ten year benchmark, the property market, particularly units, continue to experience weakness.

Bushfires increase odds of a RBA rate cut in February - Moody's

The already strong likelihood of the Reserve Bank of Australia (RBA) cutting Australia's cash rate to a record low of 0.50% has increased further due to the economic cost of the bushfires raging across the nation.