september quarter 2003 economic summary western australian released 3 november department of treasury and finance 1 contents page executive 2 i the economy overview conditions household consumption 6 housing activity 9 business investment 13 external 18 labour market 32 prices incomes interest rates 36 in australia 40 appendix exports by commodity 53 destination 54 glossary 2002 03 domestic grew fastest rate five years state final demand sfd increased 7 over year driven strong growth dwelling at same time export has far exceeded expectations with from china gold underpinning 11 0 was standout performer increasing 21 projects such as hismelt oswal fertilisers telfer deeps should underpin solid 04 s sector