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Economic Insight

CCIWA’s economics team provides exclusive economic data and expert analysis on the Western Australian economy, providing insights to support policy and advocacy and inform business decisions.

For any enquiries, please contact [email protected]

The CCIWA Business Confidence Survey is the longest running and most comprehensive business survey in WA. Produced quarterly it covers businesses of all sizes and sectors across the state and includes:

  • Expert analysis about the short and medium-term business confidence
  • Comprehensive data regarding issues such as labour costs, profitability, and capital expenditure

Western Australia’s economic horizon has grown increasingly uncertain over the June quarter as renewed cost pressures and systemic labour shortages weighed heavily on local businesses. Short term confidence declined by 10% and now sits at the lowest levels since those reported during the COVID-19 pandemic in 2020. Long term confidence dropped by 13% this quarter and is now back down to 2023 levels.

Declines in business confidence directly mirror anxieties surrounding the future trajectory of interest rates, persistent workforce shortages and ongoing geopolitical friction abroad, particularly relating to the Middle East Crisis.

With operating margins facing intense pressure, this edition of CCIWA’s Business Confidence Survey explores how WA enterprises are actively pivoting to navigate these operational headwinds.

Previous Business Confidence Reports

The first of its kind in the State, the CCIWA Consumer Confidence survey provides invaluable insights into the attitudes and sentiments of Western Australian consumers.

Analysis includes:

  • Short and medium-term expectations of economic conditions provided by metropolitan and regional consumers
  • The major concerns for consumers in the current economic climate – including spending habits, employment prospects and financial health

Western Australian consumer confidence is recovering from historic lows as global and domestic pressures begin to ease. Fears of fuel shortages and inflation spiked during the peak of the Gulf crisis, the initial shock to consumers have eased to some extent. Throughout this period households have also faced consecutive rate hikes and a cooling economy.

Despite these concerns, the household short term confidence index has slightly recovered. More than half of consumers (52%) are expecting conditions to hold steady over the next three months, while those expecting the economy to worsen dropped by 30 percentage points to just 38%. The remaining 10% are expecting conditions to strengthen.

Long term expectations were slightly more optimistic. Less than two in five (35%) respondents are expecting economic conditions to remain the same. Just under half (45%) of respondents are expecting conditions to weaken – an improvement of 17 percentage points since the last quarter’s results.

Previous Consumer Confidence Reports

Outlook is a biannual CCIWA publication that provides expert forward-looking economic analysis. It contains:

  • Analysis of the state, national and international economies
  • Economic forecasts on key indicators such as inflation, the labour force and employment

Produced by our well-informed and market-conscious economics team, Outlook makes sure you stay ahead of the current and expected changes in economic conditions.

For further information, please contact [email protected]

May 2026 Report

Global economic conditions have shifted once again as conflict in the Middle East reintroduces uncertainty into energy markets, trade routes and supply chains. While initial concern focused on oil prices and disruptions around the Strait of Hormuz, the effects extend much further – with freight costs, fuel prices and key inputs such as fertiliser beginning to create new pressures for businesses and households. For Western Australia, these risks arrive at a time when cost pressures remain elevated and confidence is slowing. While the economy has shown resilience to recent global shocks, the path ahead is becoming increasingly complex. In an environment where geopolitical events are carrying greater economic consequences, the key question is whether these pressures prove temporary, or signal a more persistent shift in the economic outlook.

Previous Economic Outlook Reports

Western Australia’s regions play a vital role in the state’s economy, supporting major export industries including resources, agriculture and tourism.

Regional Pulse presents key insights from the CCIWA Business Confidence Survey, providing a clearer picture of the conditions facing businesses across WA’s regional centres. This special edition of Regional Pulse includes:

  • Detailed analysis of how regional businesses and consumers are responding to rising costs and economic uncertainty following the Gulf Crisis.
  • Key regional economic indicators, including profitability, capital expenditure, production, labour costs and employment.
  • An overview of the major challenges regional businesses expect to face over the next 12 months.
June 2026 Report

CCIWA’s quarterly Regional Pulse survey provides an important snapshot of the conditions facing businesses across regional Western Australia as the state entered this period of uncertainty.

While the June 2026 CCIWA Business Confidence Survey found business sentiment had declined, expectations for the next quarter are mixed. Almost two in five (39%) regional businesses expect economic conditions to weaken, while 37% expect no change.

Looking ahead, businesses are increasingly pessimistic about the economic outlook over the next 12 months. Nearly half (48%) of regional businesses are expecting weaker conditions – eight percentage points (ppts) higher than the Perth metro area. Around one third (30%) of businesses expect no change and just 21% expect stronger conditions.

Produced quarterly, our inflation update provides charts and tables on consumer price trends in Perth and all the capital cities.

February 2026:
  • The Consumer Price Index (CPI) rose 3.8%, unchanged from 3.8% in the 12 months to December 2025.
  • Perth’s CPI rose 0.3% over the month, bringing inflation to 4.9% over the year
  • Perth’s annual inflation is currently the highest of all capital cities, with Brisbane (4.3%) and Sydney (3.9%) in second and third place, respectively.
  • What influenced CPI over the year?
    • The main contributor to Perth’s inflation was housing (13%)
    • Education (+6%), clothing and footwear (+5%), alcohol and tobacco (5%) and recreation and culture (4%) were also major contributors over the quarter.
Strategy 2026

Western Australia and the World

The release of CCIWA’s flagship Business Strategy report concludes a turbulent and fast-moving year for Australian businesses. The challenges that defined last year’s report—most notably inflation and operating in a high-cost environment—have given way to a new set of disruptive forces.

Where stability has traditionally underpinned growth, disruption to trade and technology is increasingly being used as a lever for geopolitical influence on the global stage. While this shift carries risk, it also presents new opportunities for Australian businesses prepared to adapt and respond.

Now more than ever, understanding current economic conditions, how they may evolve, and what this means for your business is essential. The objective of Business Strategy is to equip businesses with the insight and support needed to navigate the opportunities and challenges facing Western Australia as we move toward 2026. Central to this is the identification of practical, relevant and implementable strategic opportunities across key focus areas to help businesses stay ahead of the curve.

To achieve this, the report explores the global and local events and economic trends most likely to shape the business environment, alongside our expectations for the future. As many organisations turn their attention to strategic planning for the year ahead and beyond, we hope this report provides valuable context for what lies ahead.

Effective business strategy requires a strong understanding of the economic, political and social forces influencing the global, national and Western Australian operating environment. In this report, we explain in clear and accessible terms how current events and key economic trends are expected to impact business opportunities and risks in Western Australia, while outlining our outlook for the years ahead.

This report includes:

  • Key nation summaries providing in-depth analysis of economic conditions across the world’s major economies.
  • Global and state economic outlooks, including feature sections on commodities, foreign exchange and demographic change.
  • Detailed analysis of the most significant challenges facing WA businesses, including cost pressures and labour shortages.
  • WA business strategy effectiveness heatmaps, highlighting proven strategies used by local businesses to address these challenges.
  • A dedicated section on Western Australia’s strategic and commercial advantages in a rapidly changing global economy.

With this insight, businesses will be better equipped to make informed decisions and capitalise on the emerging economic trends shaping Western Australia’s future.


Strategy 2025 is FREE for CCIWA Corporate and Advantage Members. Please to access your complimentary copy.

To upgrade your membership to Advantage or Corporate, please click here.

How much does it cost?
Non-Members
$6,000 (ex GST)
Members
$3,800 (ex GST)

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