Gross state product figures are in,and although WA looks relatively healthy, it is missing the factors that matter to people’s lives, and such as strong employmentThe latest annual release of the state accounts on Friday shows Western Australia remains the strongest performing state. Robert F Kennedy famously said of gross national product that it “measures everything ... apart from that which makes life worthwhile”,the same might be said of gross state product (GSP). The breakdown of the figures shows strong economic growth does not always lead to things that are necessary in life – such as jobs. Related: Traditional land owner tells court Adani misled tribunal over mine's benefits Continue reading...
Source: theguardian.com