Country Report Australia October 1996 Main report

Economy: States' growth varies markedly

The growth in gross state product (the state equivalent of GDP) during the second quarter ranged from a high of 3.9% for Queensland to a low of minus 3.1% for the Australian Capital Territory (real terms, seasonally adjusted). Western Australia's economy expanded by 1.1%. The two states with the largest economies, New South Wales and Victoria, recorded growth of 0.3% and a contraction of 0.2% respectively.

© 1996 The Economist lntelligence Unit Ltd. All rights reserved
Whilst every effort has been taken to verify the accuracy of this information, The Economist lntelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this information
IMPRINT