The Economic Performance of the States

Sam Nicholls and Tom Rosewall
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Sam Nicholls: Reserve Bank of Australia
Tom Rosewall: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2015, 13-20

Abstract: Over the past decade, the mining investment boom in resource-rich states accounted for much of the difference in the pace of economic growth across states. More recently, there has been a gradual rebalancing of growth, though the transition has been uneven. Housing market activity has picked up and this has been accompanied by stronger consumption growth, particularly in New South Wales and Victoria. State labour market conditions have generally softened and the unemployment rate is elevated in all states.

Keywords: Australian states; state economies; economic growth; mining; labour markets; household saving (search for similar items in EconPapers)
Date: 2015
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