South Australia Has the Best Performing Economy in the Nation, According to New Report

September 24, 2023 11:37 pm in by
Shutterstock Photo ID: 796912402 Simon Maddock

South Australia has the best performing economy in the nation, according to ANZ’s latest Stateometer report.

SA’s economy was described as “the standout performer in the June quarter”.

SA was the only region to remain above its long-run trend for economic momentum, despite slowing locally and nationally on the back of interest rate rises.

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ANZ’s report follows recent statistics showing record levels of business investment in South Australia, hitting $16.7 billion in the year to the June quarter.