State of the States: NSW remains on top; TAS climbs to fourth

Craig James

CommSec

NSW has retained the position as the best performing economy, at or near the top of all indicators. Victoria holds second spot on the economic performance rankings with strength provided by high population growth, boosting housing demand.

The ACT retains third spot on the performance rankings, supported by a stronger job market. Tasmania has lifted from fifth to fourth spot, ahead of South Australia with a similar gap to Queensland. Northern Territory remains in seventh position.

Western Australia continues to lag other economies and annual growth rates remain below national averages on seven of eight indicators surveyed.

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Craig James
Craig James
Chief Economist
CommSec

I am married with three children (all in their 20s) and currently live in Huntleys Cove in the inner west of Sydney. Chief interest is athletics and trying to keeping up with the children.My current role is Chief Economist, Commonwealth...

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