With the end of the mining boom in Western Australia, house prices and rentals have been falling but the poorest people in the state are yet to see any benefit.
The signs of economic slowdown are everywhere.
Unemployment in Western Australia stands at 6.9 per cent, the highest level since 2002.
Last quarter, personal insolvency rates jumped by 26 per cent, compared to just 1 per cent nationally.
Home prices have decreased by 3.2 per cent in Perth over the past 12 months, and high vacancy rates have forced residential and commercial rents down.
In theory, low income earners who struggled with high housing prices during the boom should be better off …
Read the full article at: http://www.abc.net.au/news/2017-02-02/perth-poor-not-benefiting-from-post-mining-boom-slowdown/8233170