In Q3 Business Conditions for Western Australia practically exploded higher from a reading of 2 to 25, while business confidence went from a negative reading of -1 all the way up to 10 across a single quarter of trading.
Source: NAB
Having barely been touched by COVID-10 since April, the local jobs market is clearly enjoying the stimulus, and jobs vacancies for Western Australia are suddenly at the highest level since the resources boom years.
Is Perth property about to boom, then?