Perth's Economy: Rolling with the Punches, Or Not Taking Any Punches? by Adam Howard

December has come and gone, Christmas is a thing of the past and we have cruised into 2018 and The Rookie is feeling fresh!!!  And the New Year has made The Rookie think about our local economy and how it's travelling, but also how it has traveled over the past 30 years.  A recent report made the point that Perth's economy is "resilient", so that raised some questions, like "What does resilient mean?", "What are the factors we would look at if we wanted to know if Perth's economy IS resilient?" and "If it ISN'T resilient, how come Perth has been able to escape untouched by any of the economic incidents between 1991 and 2015?"  The Rookie also thinks that all this constant talk about Perth not being reliant on the mining sector any more is actually hiding a different question...a scarier question, like "What would happen to Perth if the mining sector wasn't there any more?"  Tough questions, but in challenging times The Rookie likes to think back to what that motor mouth and master pugilist Muhammad Ali used to say, that "He who is not courageous enough to take risks will accomplish nothing in life."

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