Strong interstate migration and jobs growth lifts Queensland to its first top ranking on the State of the States economic report with South Australia ranking strong in construction and Victoria leading the nation on retail spending.
“In terms of five out of the eight indicators, Queensland is either number one or number two, so it’s a very consistent performance," Mr James said.
Plant and equipment investment was strongest in Tasmania, with spending up by 76.8 per cent on the decade average. Mr James said there was enough momentum to indicate Queensland would continue to perform strongly through the rest of 2023. Professor Fabrizio Carmignani says the report shows strong economic performance across all states and territories.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ASX 200 to start the week off on ‘encouraging terms’CommSec’s Tom Piotrowski says this week will start off on “rather encouraging terms” with the ASX 200 up by about a half of a per cent. “There were moments last week where we saw a spate of volatility – the markets sold off any number of reasons that you could rationalise, they were concerned about earnings and growth,” Mr Piotrowski told Sky News Australia. “But the market had seem some good gains over the course of the early part of the year.” Presented by CommSec.
Read more »
Queensland hits the jackpot to win top economy for first timeQueensland has topped CommSec’s State of the States report for the first time in its 13-year history.
Read more »
Suspect in killing of Queensland woman Toyah Cordingley has extradition delayed againA ruling on the extradition of the man suspected of murdering Toyah Cordingley on a Queensland beach four years ago has been delayed until January 24. 9News
Read more »
It’s a bumper summer for Queensland tourismSummer holidaymakers are on track to pump more than $6 billion into Queensland’s tourism economy, which is back on track after two seasons marred by COVID-19 restrictions.
Read more »
Queensland cop killers' daughter speaks for the first timeFor the first time since the massacre at Wieambilla, the daughter of the Queensland cop killers has spoken out. TONIGHT watch how her 'normal' upbringing ended with her family name being attached to a horrific crime, LIVE SUNDAY 6pm. DETAILS:
Read more »
Queensland cop killers' daughter speaks for the first timeThe daughter of Nathaniel, Stacey and Gareth Train has spoken exclusively to 9News about her family and how they spiralled to be known as cop killers.
Read more »