Soaring iron ore and gold prices boost WA's economic outlook

For the first time, the gold price reaches over $2,000 an ounce last week. Western Australia is the largest producer of gold in the country about 70 percent of the its total production.

The Hope Downs 1 mine in Western Australia Source: AAP Image/Christian Sprogoe Photography

Other news from WA: 

Disputed BHP royalties to help fund new King Edward Memorial Hospital in Perth; Stimulus starts as Perth house prices fall; 'Turmoil' as mould takes over classroom; WA town using music to engage at-risk Indigenous kids and keep town suicide free; how a little blue boathouse in Perth bacame the hottest selfie spot on Instagram.