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No. 3 - Department of Treasury - The Western Australian Government

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<strong>Western</strong> <strong>Australian</strong> Economic Summary2006 <strong>No</strong>.3BANKRUPTCIES, WA & AUSTRALIAQuarterly, <strong>No</strong>t Seasonally AdjustedLevel In:% Change:Sep-06 Jun-06 Sep-05 Quarter YearWA 383.0 350.0 316.0 9.4% 21.2%Australia 6,076 5,705 5,522 6.5% 10.0%Source: Insolvency and Trustees Service AustraliaHOUSEHOLD DEBT AND INTEREST PAYMENTSTotal, As % Household Disposable IncomeJun-06 Mar-06 Jun-05Debt 156.4% 153.2% 148.7%Debt Interest 11.4% 11.0% 10.8%Source: Reserve Bank <strong>of</strong> AustraliaHOUSEHOLD DEBTAs % Household Disposable IncomeJun-06 Mar-06 Jun-05Personal 21.6% 21.4% 21.0%Owner-Occupied Housing 90.4% 88.4% 84.9%Investor Housing 44.5% 43.4% 42.8%Total 156.4% 153.2% 148.7%Source: Reserve Bank <strong>of</strong> AustraliaHOUSING-RELATED DEBT & INTERESTHousing Debt As % Household Disposable IncomeJun-06 Mar-06 Jun-05Housing Debt 134.8% 131.9% 127.7%Mortgage Rate 7.6% 7.3% 7.3%Housing Interest 9.1% 8.7% 8.6%Source: Reserve Bank <strong>of</strong> AustraliaANNUAL RETAIL TURNOVER GROWTH BY STATESeasonally Adjusted, Year To October 2006NSW 4.8%Vic 7.0%Qld 6.1%SA 8.6%WA 12.3%Tas 3.1%NT 11.7%ACT 9.5%Aus 6.7%Source: ABS Cat. 8501.0ANNUAL RETAIL TURNOVER GROWTH<strong>Western</strong> Australia and Australia, TrendOct-06 Sep-06 Oct-05<strong>Western</strong> Australia 11.1% 10.3% 5.1%Australia 6.4% 6.2% 3.1%Source: ABS Cat. 8501.0112 <strong>Department</strong> <strong>of</strong> <strong>Treasury</strong> and Finance

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