๐ฆ๐ ๐ป๐ฎ๐บ๐ฒ๐ฑ ๐๐๐๐๐ฟ๐ฎ๐น๐ถ๐ฎโ๐ ๐๐ผ๐ฝ ๐ฆ๐๐ฎ๐๐ฒ
South Australia has topped the economic performance leaderboard in CommSecโs quarterly State of the States ranking.
South Australia placed first in four of the eight economic indicators โ economic growth, unemployment, construction work and home building starts.
The other four indicators were topped by Queensland (home loans), Western Australia (population growth), Tasmania (equipment spending) and the ACT (retail spending).
โFor the first time in the history of our reports, South Australia has taken the lead. Population growth in South Australia has tripled over the past two years, which is showing up in a strong housing market and overall economic activity. However, South Australia canโt rest easily. It is likely the state will face challenges from New South Wales and Victoria in the period ahead,โ CommSec chief economist Craig James said.
CommSec ranks the states/territories by comparing their current performances on the eight key indicators with their long-term averages.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge.
Weโll take the time to get to know you and your unique situation and speak in a
language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
