ECONOMIC GROWTH SURGES IN NSW
25 July 2016,
NSW is leading Australia in economic growth, says the latest Commsec State of the States report.
The State of the States report analyses eight indicators: economic growth, retail spending, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements.
For each of the states and territories, Commsec compares the latest reading of the key indicators with its decade averages.
NSW is leads the way on retail spending, equipment investment and dwelling starts, second behind Victoria in population growth.