The Recent Economic Performance of the States
Thomas Carr,
Kate Fernandes and
Tom Rosewall
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Thomas Carr: Reserve Bank of Australia
Kate Fernandes: Reserve Bank of Australia
Tom Rosewall: Reserve Bank of Australia
RBA Bulletin (Print copy discontinued), 2017, 1-12
Abstract:
Economic growth in Australia's south-eastern states has underpinned a gradual strengthening in the non-mining economy in recent years. In contrast, economic conditions have been weaker in Western Australia and Queensland as the large-scale mining investment in these states has concluded. Differences in investment have been a key source of regional variation in activity, but there are also common themes across a range of economic indicators, such as growth in the services sector.
Keywords: Australia; state; economy; cycle; investment; business; non-mining; mining; consumption; services; unemployment; employment; wage; dwelling; population; industry; region; New South Wales; NSW; Victoria; Vic; Queensland; Qld; Western Australia; WA; South Australia; SA; Tasmania; Tas. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:rba:rbabul:mar2017-01
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