WHILE much has been said about
Australia's two-speed economy, a new analysis of the states and
territories suggests there are actually three.
Commonwealth Securities quarterly "State of the States" report believes the nation's eight jurisdictions have effectively divided into three groups.
CommSec's chief economist Craig James says Western Australia is clearly the nation's strongest economy and sits in a group by itself.
"The next level comprises the ACT, Victoria and South Australia," he said, releasing the report on Monday.
"And then there is another gap to the next four states and territories - Tasmania, NSW, Northern Territory and Queensland." Read Full
Commonwealth Securities quarterly "State of the States" report believes the nation's eight jurisdictions have effectively divided into three groups.
CommSec's chief economist Craig James says Western Australia is clearly the nation's strongest economy and sits in a group by itself.
"The next level comprises the ACT, Victoria and South Australia," he said, releasing the report on Monday.
"And then there is another gap to the next four states and territories - Tasmania, NSW, Northern Territory and Queensland." Read Full
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