Tag: ACT economy
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NSW Economy Slowest Since Turn of Century: Australia’s Diverging Growth
Introduction: A nation dependent on health spending and population growth New figures reveal a stark divide in Australia’s economic landscape: New South Wales (NSW) appears to be the slowest-growing state since the turn of the century, while Victoria lags behind the high-flying states and the Australian Capital Territory (ACT) leans on a public-service-heavy model. The…
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NSW Economy Slowest Since the Turn of the Century: A Deep Dive
Key Takeaways New economic figures suggest that New South Wales (NSW) has the slowest-growing economy among Australia’s major states since the turn of the century. The data paints a picture of a federation relying heavily on health spending and ongoing population growth, with Victoria and the ACT following different trajectories. Analysts say the trend underscores…