NSW has retained the number one position in the nation in CommSec’s State of the States report.
Treasurer Gladys Berejiklian has welcomed the results of today’s report, which compares the states and territories by analysing key economic indicators.
NSW is first when it comes to retail trade, population growth, housing finance, housing starts, business investment and employment.
“It is great news that not only is NSW the number one economy in the nation, it is well out in front when compared to the other states and territories,” Ms Berejiklian said.
“The latest report found NSW ‘edging’ a little further ahead of Victoria.”
“The NSW Government has worked hard to make our economy strong, grow jobs, increase business investment and grow confidence.”
CommSec also noted that NSW has a “solid grip” on the top ranking of economic performance.
“The future looks bright for NSW but there is much to do. We will continue to work hard to deliver the infrastructure and services our state needs as well as create jobs and grow the economy,” Ms Berejiklian said.