NewsBite

WA's financial health hit by commodities

WESTERN Australia's financial health has taken a turn for the worse as the resources state suffers from a multi-billion dollar revenue hit.

WESTERN Australia's financial health is suffering from a multi-billion dollar revenue hit because of falling commodity prices and China's economic slowdown.

RATINGS agency Moody's says the resources state will need political resolve to hit its fiscal targets as economic growth falls to its slowest rate in two decades.

Original URL: https://www.news.com.au/finance/business/was-financial-health-hit-by-commodities/news-story/014fec859eb46e0478d7c65671832dfa