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The Economic Performance of the States

Author

Listed:
  • Sam Nicholls

    (Reserve Bank of Australia)

  • Tom Rosewall

    (Reserve Bank of Australia)

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.

Suggested Citation

  • Sam Nicholls & Tom Rosewall, 2015. "The Economic Performance of the States," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 13-20, March.
  • Handle: RePEc:rba:rbabul:mar2015-02
    as

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    File URL: https://www.rba.gov.au/publications/bulletin/2015/mar/pdf/bu-0315-2.pdf
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    Cited by:

    1. Jetter, Michael & Magnusson, Leandro M. & Roth, Sebastian, 2020. "Becoming sensitive: Males’ risk and time preferences after the 2008 financial crisis," European Economic Review, Elsevier, vol. 128(C).

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