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NSW Economic Update Autumn 2018

NSW Economic Update Autumn 2018

Advice on legislation or legal policy issues contained in this paper is provided for use in parliamentary debate and for related parliamentary purposes. This paper is not professional legal opinion.
Statistical Indicators 03/2018 by Chris Angus

​​​​​​The Autumn 2018 edition of the NSW Economic Update presents a current snapshot of the NSW economy and provides relevant points of comparison with other Australian States and Territories.

For the ninth consecutive quarter, New South Wales has been the best performing State in Australia. Commsec’s April 2018 State of the States Report found that NSW remained at or near the top of most indicators, including dwelling starts, construction work and unemployment. The NSW 2017-18 Half-Yearly Budget Review reported that the State economy outperformed the rest of the nation in 2016-17, with Gross State Product (GSP) growing well above-trend at 2.9%, and positive prospects for 2018-19.