Produced on a quarterly basis, CommSec's State of the States publication attempts to track how each state and territory economy is performing. Each jurisdiction is assessed on eight key indicators: state final demand (including exports less imports); retail spending; equipment investment; unemployment; construction work done; population growth; housing finance and dwelling commencements.

The economies of each jurisdiction are ranked by comparing current activity levels with decade averages. Northern Territory Treasury continues to have concerns with this methodology as it does not identify the best performing economies, only the most improved economies relative to their respective 10-year average performance for each indicator.

 

Disclaimer

Although all due care has been exercised in the preparation of this material, no responsibility is accepted for any errors or omissions. Care should be taken in using monthly estimates for the Territory, in view of the small numbers and the volatile nature of the data.