Connect with us

Local News

ACT economy takes silver in the State of the States




The ACT’s economy remains the second-best in the nation according to the most recent State of the States report. Photo: Michelle Kroll.

The ACT continues to perform strongly in key economic indicators, remaining Australia’s second-best economy in the quarterly CommSec State of the States report.

The report, which provides an economic snapshot of how well state and territory economies are navigating the COVID-19 pandemic, revealed that the ACT now leads the country on relative economic activity.

Tasmania topped the rankings off the back of a large increase in spending on new plant and equipment, while the ACT lagged behind in annual population growth, housing finance and the number of new dwellings which began construction.

But the…

Click here to view the original article.

Continue Reading

You might also like ...

Boy knocked unconscious after colliding with kangaroo at Marrangaroo raceway
NCA planting program to boost tree canopy cover and climate-resilient species