Business

Report names Western Australia as country's top economy

WESTERN Australia has again been named the strongest economy among the states and territories, but the ACT has overtaken the Northern Territory in second place.

CommSec's quarterly State of the States report shows no change in New South Wales, Victoria and Queensland, which remain in the middle of the rankings.

South Australia is still in seventh place, while Tasmania has the nation's worst-performing economy.

The report analyses eight key indicators, including economic growth, construction work, unemployment and investment.

It says Australia's housing sector is providing a source of new growth.

Read more at ABC news online

Topics:  commbank, economy, state of the states report, western australia


Local Real Estate

finda logo
Featured Real Estate
Thriving Highway... Offers to purchase...
Commercial Looking to be your own boss? Look no further! The Stanwell Stop ...
High Quality Home Plus... $529,000
House 4 2 2
Conveniently Located... $285,000
House 3 1 1
Berserker Home Bursting... Auction Onsite...
House 4 1 2

Join the Community.

Get your local news, your way.

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.


Marketplace

Special Offers & Promotions

Compare & Save