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Perth expensive - but enjoys best standard of living; Prices These Days: AMP and the National Centre for Social and Economic Modelling
Topic Started: 2 May 2012, 11:05 AM (552 Views)
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Perth expensive - but we enjoy the best standard of living

Rhianna King
May 2, 2012 - 2:00AM

Perth is the most expensive state capital after Sydney, but, in some consolation, sandgropers enjoy the highest standard of living of all the states.

That is the verdict of a report out today on the cost of living pressures facing households across Australia.

According to Prices these days!, released by AMP and the National Centre for Social and Economic Modelling, the cost of a 'basket of goods' - including food, alcohol, housing, recreation and education - in Perth was $69,227 as of December 2011.

This was $2199 less than Sydney, and slightly less than the territory capitals Darwin and Canberra.

The survey, which looked at prices, household spending and income levels, found Perth fared worst when it came to education costs - the second highest behind Adelaide.

But the report found that due to the city having higher incomes than other state capitals, Perth had the highest financial standard of living.

Read more: http://www.watoday.com.au/wa-news/perth-expensive--but-we-enjoy-the-best-standard-of-living-20120501-1xwvf.html#ixzz1tfLFInD9
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Would you pay to enter the Perth CBD?: Push for congestion charges

Rhianna King
May 1, 2012 - 11:13AM

Perth is being urged to consider CBD congestion charges by a leading economic think tank, which claims WA's success is putting pressure on transport infrastructure.

A paper from the Committee for Economic Development of Australia concluded that a congestion charge - forcing motorists to pay to enter the CBD - would help Perth avoid the gridlock strangling other capital cities such as Sydney and Melbourne.

The committee suggests the Narrows Bridge, the Swan River and the Mitchell Freeway could provide natural boundaries to create a ring around Perth CBD, to define a congestion charge area during peak times.

Paper author, CEDA chief economist Nathan Taylor, said the cost of congestion to Perth was forecast to rise from $900 million in 2005 to $2.1 billion by 2020.

"WA is booming and that is set to continue with over $280 billion in business investment planned for the state. The unfortunate side-effect of this economic, and the related population growth, is congestion," he said.

Read more: http://www.watoday.com.au/wa-news/would-you-pay-to-enter-the-perth-cbd-push-for-congestion-charges-20120501-1xw9n.html#ixzz1tfMfFMJh
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