Victoria's economic growth leads nation, as NSW falls to last place

By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra

The latest figures on the economic performance of Australia’s states and territories shows Victoria leading the nation and New South Wales falling to last place.

The annual gross state product accounts from the Australian Bureau of Statistics record the equivalent of gross domestic product (the total value of goods and services bought and sold).

In the 2021-22 financial year Australia’s real gross domestic…

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